Impairment is another problem too, but more nebulous. There has been instances of figuratively speaking being discharged in bankruptcy in cases of total and permanent impairment. Nevertheless, these instances can be unique and quite few. Odds are, you’re stuck along with your loans regardless of how bankrupt you’re.
Of course, if you’re reasoning about divorce proceedings or bankruptcy, you need to consult with a professional lawyer in your neighborhood.
I’ve made this comment on other articles, but continue steadily to believe that it is real. You’ll find nothing such as the sense of having $100,000 into the bank (or brokerage records). My family and I maximized our ROTHs during her residency so when she started initially to practice (EM), both of us maximized our 401ks. In addition optimize an HSA (her manager insurance is great, brilliant it will obtain the “Cadillac tax”, but doesn’t provide a HSA).
We struggled with the loan vs taxable investment question when she first started earning her attending salary. Continue reading “Here’s an excellent article:”