Episode Description
Student loan forgiveness can come with a tax bill, and recent changes to repayment plans have prompted many veterinarians to revisit how they’re preparing for it.
Meredith walks through the most common questions we get about the student loan tax bomb, how it works, what’s changed, and what to review as part of a long-term plan.
Key topics:
- When student loan forgiveness is taxable and when it isn’t
- How to think about preparing for the tax bomb over time
- Why investing, rather than saving, for the tax bomb often makes sense
- What happens if you’re not prepared when forgiveness occurs
Interested in vet-specific financial planning?
- Learn more or schedule a free intro call at allvetfinancial.com