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> if you declare bankruptcy to evict student loans, you are ineligible for retirement account contributions like IRA and 401ks for the 7-10 year window. That's
by gdix 9y ago
> if you declare bankruptcy to evict student loans, you are ineligible for retirement account contributions like IRA and 401ks for the 7-10 year window.
That's something that a large percentage of people do anyway. What a strange and poorly-thought-out suggestion.
- lightbyte 9y agoIt's also a sure fire way for the public to have to spend even MORE on social programs since you'll be even more likely to reach retirement with zero money. What good could possibly come from intentionally banning someone from saving for retirement?