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Should I pause my personal 401(k) contributions to pay off student loans?
Should I pause my personal 401(k) contributions to pay off student loans? Hey all! My company puts in 6% of my salary (100k) into my 401(k) regardless of what I put in. Do you think it’s a good idea to set my contribution to 0% for the time being so that I can focus on paying off my student loans in 2-3 years? My student loan balance is $32k and interest will be 5.005%. If I set my 401(k) contribution to 0%, I will b...
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