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Retirement
from24/7 Wall St.
4 days ago

QQQI's 14 Percent Yield Was 98 Percent Return of Capital in a Recent Distribution, And That's the Real Story

QQQI’s monthly payouts are largely funded by option premiums, but some distributions are classified as return of capital, affecting true investor returns and tax outcomes.
fromBusiness Insider
7 months ago

Trump agrees to process more student-loan forgiveness claims - and prevent some borrowers from getting a big tax bill next year

On October 17, President Donald Trump's Department of Education reached an agreement with the American Federation of Teachers to process more student-loan forgiveness applications for borrowers on income-driven repayment plans. Specifically, the agreement said that the department will continue processing forgiveness for borrowers who reached the payment threshold on income-based repayment plans, the original income-contingent repayment plan, and the Pay As You Earn plan as long as the plans remain in effect.
Education
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