What’s the real cost of education when your retirement is on the line?
In part two of this series, Jim Kruzan, CFP®, CRPC®, breaks down the financial tradeoffs hidden in today’s education planning landscape from brand-new Trump Savings Accounts to long-term student loan debt, and how poorly timed withdrawals could sabotage your retirement timeline.
With decades of experience guiding families through these complex intersections, Jim offers clear insight into what to prioritize, how to help protect your future, and the conversations parents and students need to start earlier than ever.
What to expect in this episode:
- Who qualifies for the $1,000 Trump Savings Account, and is it worth it?
- Why ABLE accounts can be a game-changer for families with disabilities
- How 401(k) loans and student debt delay retirement goals
- The single biggest mistake families make when juggling tuition and retirement
- And more!
Resources:
- Paying for School Without Sacrificing Retirement – Part I (Ep. 42)
- One Big Beautiful Bill Act
- Repayment Assistance Plan (RAP)
- Income-Based Repayment (IBR) Plan
- Federal Student Loan Repayment Plans
- Educational Choice for Children Act of 2025
- Michigan Scholarship and Grant Programs
- How the One Big Beautiful Bill Act Will Reshape 529 Plans
- 10 Things to Know About the Trump Savings Account
- Achieving A Better Life Experience (ABLE) Account Overview