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Allow direct transfer from 401k and 451k plans to pay off student loan debt with no penalty or income tax.

Created by A.R. on May 13, 2015

This would allow persons having federal student loans to opt to use retirement funds to pay down student loan balances with pre tax money with no penalties. This creates debt reduction for the citizen and an economic boon for the coffers of the federal government.

Economy & Jobs
Education
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