Do you save for retirement or pay off your student loans? That’s the 64-million-dollar question I’ve been asked repeatedly. The good news is you might not have to choose between the two. Ever heard of the Secure Act 2.0? It was created in 2022, and some pretty cool features were rolled out in 2024, including the provision allowing employers to match retirement contributions in your 401K, 403b, etc., on your behalf when making student loan payments. OK, so what do you need to know? Robert Farrington, the creator of The College Investor and America’s Millennial Money Expert and Student Loan Debt Expert, is back on the show to break down all the ins and outs. I In this episode, you'll learn How the Secure Act 2.0 can help you with your money goals (and retirement savings) The current status of student loan debt forgiveness How you can roll over money from a 529 college savings plan to a Roth IRA LINKS The College Investor website - https://thecollegeinvestor.com The College Investor 529 Guide - https://thecollegeinvestor.com/529-plan-guide/ LEARN MORE Thank you for being a part of our community! We couldn't do it without you. Sign up for my signature course, Unf*ck Your Money https://www.etmlearn.com/unfck-your-money Freebie - 10 Money Questions to Ask Yourself Free Money Guide https://etmpod.link/10moneyq To support the show, please subscribe or share the word about this show in your circles. Sign up for our newsletter Follow me on Instagram Leave a 5-star Review here https://ratethispodcast.com/etm. Subscribe to our YouTube Channel https://www.youtube.com/@EveryonesTalkinMoney SPONSORS Thanks to OneSkin for sponsoring the show. Get 15% off OneSkin with the code ETM at https://www.oneskin.co/ Thanks to Quince for sponsoring the show. Go to http://www.quince.com/etm for free shipping on your order and 365-day returns. Thanks to NerdWallet for sponsoring the show. Don’t wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com. Thanks to Monarch for sponsoring the show. After trying out Monarch for myself, I understand why it’s the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM. Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App store and use code Talkin Money under Podcast. Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com. Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order. Thanks to DelelteMe for sponsoring the show. Today get 20% off your DeleteMe plan when you go to www.JoinDeleteMe.com/ETM and use promo code ETM at checkout. Learn more about your ad choices. Visit megaphone.fm/adchoices
