Smart Money Moves for Parents: Understanding FMLA, Retirement, and More

Student Loan Planner

Navigating the maze of family finances isn’t for the faint of heart, especially when student loans are part of your story. Get ready to reshape your financial future with insights tailored specifically for parents. Our expert Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, bring their expertise directly to you, offering practical, actionable advice that goes beyond the basics. This episode is packed with essential knowledge of FMLA, disability benefits, and savvy tax strategies, all designed to elevate your money management skills as a parent.

In today’s episode, you'll find out:

• How to navigate the complexities of parental leave deferment for Stafford loans pre-July 1993
• Empowering tips for expectant and new moms about support and creating cherished moments
• The essentials of FMLA and short term disability for new parents
• Innovative strategies for using 529 plans and managing Parent PLUS loans for your child's education
• Tips for managing family size changes and parental leave
• The best place to stash your emergency fund
• How to optimize your parental leave by staggering benefits
• How to decode tax implications and access credits for new parents
• The connection between maternity leave, disability, and effective student loan

Links mentioned:

• Family Medical Leave Act

• Ally Bank high-yield savings

• Capital One high-yield savings

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Do you have a question about student loans? Leave us a voicemail here or email us at [e-mail] and we might feature it in an upcoming show!