Q: I have a student loan balance of $3,500 at a 3% interest rate/$82 a month. My husband and I have over 10k in savings and are trying to decrease our monthly spending so I can become a stay-at-home mom. Should we pay off the loan in full or continue paying monthly?
A: We have recommended people to Guidant Financial for years and haven’t heard anything bad from them. Clark Howard has also referenced them before for their self-directed IRAs. Please be sure to do proper due diligence to understand the tax consequences and details of owning real estate in your IRA.
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