If you would like to explore a different repayment plan for your federal loans, or if your account is 60 or more days delinquent and you need to make
immediate payment arrangements, please contact us.
Not exact matches
If you are falling behind in your
payments, or know that you are likely to in the
immediate future, there are some steps that you should take before talking with the lender about alternative
payment arrangements.
The initial
payment you receive with this
arrangement is typically smaller than what you would receive with an
immediate annuity, but the idea is that you also get to invest in mutual fund - like «subaccounts» that can boost the size of the
payment you receive over time.
However, there are exceptions, including: the taxation of perquisites; where the employer uses the money to give a benefit in kind which is not earnings or emoluments; and an
arrangement by which the employer's
payment does not give the intended recipient an
immediate vested beneficial interest but only a contingent interest.