FinanceLoans
#RI-6a23cec7·8 months ago·
1
“Switching loan types”
What Actually Happened
Switching 4 SAVE loans to IBR may trigger tax bomb
What I wish I knew
"Tax implications of loan forgiveness"
Advice to Someone Facing This Now
If I could tell you one thing
"Save for tax bomb in a taxable brokerage account"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
Finance Category
2,949
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
36%
of Finance decisions land in the severe band the same as this one.
React, question, or discuss this decision.