Why should I save for a tax liability if I am pursuing Public Service Loan Forgiveness?

If you are pursuing PSLF, then you are on an income-driven repayment plan. This means if you don’t qualify for forgiveness in ten years then you will still owe the tax in 20 – 25 years. Therefore, to protect yourself from this risk, you should still be saving as though PSLF didn’t exist.

For more information on how to take advantage of PSLF and reduce the risk, check out our Public Service Loan Forgiveness Guide.

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