#oh bama

[youngbrokeawesome]

[youngbrokeawesome]

[youngbrokeawesome]

Obama to propose big changes to retirement plans

Obama's plan consists of of a number of legislative proposals, which he'll outline in the 2017 budget he'll submit to Congress next month. They include:

► Offering tax credits to small businesses that automatically enroll employees in a 401(k)-style retirement plan;

► Requiring companies with existing plans to offer them to long-term, part-time workers who work 500 hours a year for three years; and

► Making it easier for companies to pool their retirement plans to bring down expenses through multiple employer plans.

-Obama to propose expanding retirement plans, USA Today

[youngbrokeawesome]

Obama:"I have no more campaigns to run."  *Republicans clap*  Obama: "I know because I won both of them."  Joe Biden: *thug life face*

from Lamayah Music

[youngbrokeawesome]

Barack Obama Is Out Of Fucks

Obama closed his 2015 State of the Union with a pretty compelling case for not giving a fuck.

This is the guy I voted for!  

[youngbrokeawesome]

You are not alone.

[youngbrokeawesome]

“Let’s declare that in the wealthiest nation on earth, no one who works full time should have to live in poverty.”

OH bama

[youngbrokeawesome]

Here's the skinny.  It's not so much new as it is improved but basically

If you're not a recent grad or in school now, you won't qualify.  You have to have at least one loan taken out between Oct 1, 2011 and Sept. 30, 2012.

If you do qualify, you won't be able to apply until later in the year.

You'll be able to set payments at 10% of your discretionary income (as opposed to the current 15%).

Your loans will be forgiven after 20 years (as opposed to the current 25)

See how to apply for the current Income Based Repayment plan still available to those who took out loans before 2011.

Go here to see other posts on student loans.