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Some Help for ‘Retiring’ Student Debt?

Student debt looms large as a retirement savings impediment, particularly for younger workers. However, a recent private letter ruling from the IRS was seen by some as offering a step toward aligning those interests. This week, we’d like to know what you’re hearing – and thinking – about this “new” opportunity.

Having gotten past the first blush of headline excitement, some cautionary notes have emerged – reminders that a private letter ruling (PLR) is just that – it applies to (only) one specific situation – and not only that, but from some that it “does not break new ground, provide any new interpretations, or create any new laws or plan design opportunities.”

It does, however, bring to the attention of many – at a time when the issues of retirement savings and student debt burdens loom large – a potential “new” solution.

This week, we’d like to know what you think – and what you’re hearing – and what questions you’re being asked – about student debt, the impact of student debt on retirement savings, and how (or if) this “new” PLR could make a difference. Reply to this week’s NAPA Net Reader Poll at https://www.research.net/r/TVDFCYD.

And, as usual, we’ll have it all wrapped up for you on Friday!

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