Thank you all for the quick replies! I did look into SoFi for the student loans, but the issue is I do not know yet what the term (10 yr 20 yr etc) is for those? They are through the gov obviously...is that 10 usually?
When I plugged in 34600 at 6.8% avg rate for 10 years.. the options SoFi gave me were like .2% lower and the 'lifetime savings' wasn't much.
If the term of the loans is 20 years then the SoFi interest rates made me save like 10k!!!!
I don't have to start paying on them for another 2 months so once the housing stuff is situated then I'll look into the refinancing
One nuance: does your employer offer a Roth version of the 401k?
If so, consider contributing enough to traditional plans (IRA and/or 401k) to get out of the 25% federal bracket, then putting the rest into Roths while you are in the 15% bracket.
The employer match will go into a traditional 401k account regardless of whether you use the traditional or Roth for your contributions, but that's ok.
Could you elaborate on that? My company does offer a Roth setup...
So if I put X into the 401k pre-tax in order to get myself to a lower tax bracket... You suggest I put the remainder into the Roth account.
A few questions:
Is the Roth account post-tax?
Do they match the funds that are put into the Roth?
If they do match those funds does it go into 401k or the Roth?
Again, thank you all for the replies! Keep em comin! :D