Student loan borrowers unaware of income-based plans, forgiveness options

Anastasiia Krivenok | Moment | Getty Images With many federal student loan borrowers struggling to repay their debt, consumer advocates and financial advisors say it’s crucial that consumers know about the U.S. Department of Education’s affordable repayment plans and forgiveness programs. Unfortunately, some don’t. “Many borrowers end up paying more than necessary simply because they aren’t aware…

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Inside the $500 billion web of family offices

Rob Walton, left, Walmart retired chairman of the board, and Walmart board member Steuart Walton listen at the Walmart annual formal business and shareholders meeting in Rogers, Arkansas, on May 30, 2018. Walmart shareholders from around the world can attend meetings throughout the week. Rick T. Wilking | Getty Images A version of this article…

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Most companies now allow Roth savings

Cravetiger | Moment | Getty Images Nearly all 401(k) plans now allow for workers to save money in Roth accounts, after legislative changes led adoption to jump significantly in recent years. A Roth account is funded with after-tax money. Savers pay income tax up front on their 401(k) contributions but don’t pay tax when they…

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