This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

Permit direct rollovers of retirement savings ( from IRAs, TSAs, etc.) to pay off student loans without penalty.

Created by S.S. on November 17, 2014

Americans are retiring with unpaid student loan debt. Retirement savings cannot be withdrawn without penalty, even for the purpose of paying off the student loans. Allowing direct rollovers from retirement savings such as IRAs, TSAs, etc. to existing student loan balances, without penalties, would encourage paying off the debt so seniors will not need to continue paying when retired.

Budget & Taxes
Education
Government & Regulatory Reform
Return to top