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Double Checking Bank Interest vs Student Loan Interest Taxes
Double Checking Bank Interest vs Student Loan Interest Taxes I have student loans ranging between 3.76%-5.05% interest and the money to pay it in full in a HYSA, which makes 5.02% APY (or 4.91% interest compounded monthly). The interest I make off the HYSA is taxed and the student loan interest I pay off is deducted from my AGI, negating the HYSA taxed interest I made up to the student loan interest amoun...
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