# save plan student loans

r/StudentLoans on Reddit: SAVE to pay off loans? (interest Q's) » Posted by u/kellyann1138 - 2 votes and 11 comments Reddit.com

Paying Student Loans With 529 Plan Funds » A new law allows borrowers to use 529 college savings plans to pay off student loan debt. Usnews.com

Reporting 529 Plan Withdrawals on Your Federal Tax Return » When 529 plans are used to pay for qualified expenses there is usually nothing to report anything on your income tax return. Form 1099-Q and Form 1098-T will list the amount of the 529 plan distribution and how much was used to pay for college tuition and fees, but it is up to you to calculate the taxable portion. Savingforcollege.com

New Income-Driven Repayment Plan to Make Student Loan Payments More Affordable » Student loan payments resumed this October, but repayment will not look the same as it did before the pause put in place in response to the pandemic. Borrowers will have access to a new income-driven repayment (IDR) plan—known as Saving on a Valuable Education (SAVE)—that will lower payments for most and prevent balances from growing. Pew.org

Background Press Call by Senior Administration Officials on the Biden-Harris Administration's New SAVE Plan | The White House » Via Teleconference 4:03 P.M. EDT MR. FERNÁNDEZ HERNÁNDEZ: Good afternoon, everyone. Thank you for joining our press call. As a reminder, the contents of this call will be embargoed until 8:30 a.m. Eastern tomorrow. First, you will hear on the record from White House Domestic Policy Advisor Neera Tanden, then Secretary of Education Miguel Cardona.… Whitehouse.gov

Press Briefing by Press Secretary Karine Jean-Pierre, Secretary of Education Miguel Cardona, and Deputy Director of the National Economic Council Bharat Ramamurti | The White House » James S. Brady Press Briefing Room  4:30 P.M. EDT MS. JEAN-PIERRE:  All right.  Good afternoon, everybody. Q    Good afternoon. MS. JEAN-PIERRE:  Okay.  So, today, we’re joined by Secretary of Education, Miguel Cardona, and Deputy NEC Director, Bharat Ramamurti.  They’re here to speak about the Supreme Court’s decision on st- — on the student debt relief… Whitehouse.gov