What Can Student Loans Be Used For? | Mortgages

[ad_1] When you take out a student loan, your lender sends funds directly to your school. After your school deducts what’s needed to pay for expenses such as tuition and room and board, it will disburse any remaining money to you for education-related expenses. But these expenses aren’t just books and class fees. Student loan … Read more

How Long Can You Live Outside the U.S. Without Losing Social Security? | Social Security

[ad_1] Key Takeaways U.S. retirees can receive Social Security benefits while living abroad, with some exceptions. There is no time limit on how long a person can live outside the country and receive benefits. Foreign citizens with a U.S. work history may also qualify for Social Security benefits under certain agreements. Social Security payments can … Read more

10 Affordable Mountain Towns for Retirement | Retirement

[ad_1] Key Takeaways: Retiring in a mountain town offers the chance to connect with nature and enjoy beautiful scenery. Retirees can indulge in many outdoor activities in mountain towns to maintain and healthy and active lifestyle. Retirees should consider the overall cost of living, including housing, taxes, and everyday expenses. The most affordable mountain towns … Read more

How to Maximize Social Security With Spousal Benefits | Retirement

[ad_1] Key Takeaways Social Security spousal benefits allow spouses to claim benefits based on their partner’s earnings record. Eligibility for spousal benefits typically requires that the spouse seeking benefits be at least 62 years old. Spouses can claim up to 50% of their partner’s Social Security benefit if they wait until their full retirement age. … Read more

Should You Consult a CFP or CPA to Plan for Retirement? | Retirement

[ad_1] Key Takeaways When deciding between a CFP and a CPA for retirement planning, it’s essential to understand their distinct roles and expertise. Integrating tax planning and financial strategy with CFPs and CPAs ensures comprehensive retirement planning. CPAs excel in tax planning, while CFPs receive extensive training in investment, estate planning and retirement strategies. Working … Read more