As the student loan landscape continues to evolve, many borrowers may soon receive notices regarding changes to their repayment plan as the SAVE Plan is phased out. While these updates may not affect everyone, they serve as a valuable reminder to ensure your repayment strategy continues to support your broader financial goals.
If you have federal student loans, here are a few things to keep in mind:
- Watch your inbox. If you're enrolled in the SAVE Plan, be on the lookout for communications regarding your repayment options.
Don't wait until the deadline. Taking time to review your options early can help you avoid being automatically placed into a repayment plan that may not be the best fit. - Consider the bigger picture. Your student loan strategy should complement your overall financial plan, including cash flow, retirement savings, and other long-term goals.
- Every borrower's situation is unique. The right repayment strategy depends on your income, career path, loan balance, and future plans.
As always, we're here to help you make informed financial decisions with confidence! If you have questions about how these changes may affect you, or you'd simply like to review your options, we'd be happy to connect with you!
NEW Online Access
We’re excited to share that Park Avenue Wealth Management has launched a new and enhanced Client Portal designed to provide a more streamlined and secure online experience!
To continue accessing your Park Avenue accounts online, you will need to complete a one-time registration for the new portal. Instructions on how to register for online access are linked above!
If you need assistance locating your account number or have questions about the registration process, please don't hesitate to contact our office. We're happy to help!
For increased security and protection, the fastest and easiest way to update your password is by contacting customer service directly at (888) 600-0003.
Thank you to all who have already signed up for text messaging through our compliance-friendly designated business line! As a friendly reminder, texting attachments and images/pictures are not able to be received at this time on the texting line and will need to be emailed. We appreciate your flexibility and understanding and hope to have that feature added in the future!
AVA Wealth Advisors - Angela Vahue
or
Angela Vahue Business
Business line: (571) 365-7937
Designated texting line: (716) 354-3201
*texting attachments and images/pictures are not able to be received at this time on the texting line and will need to be emailed
If you do have the number ending in 7588 saved in my contact in your phone, I kindly ask that you please replace it with the above referenced
numbers. It is of utmost importance that you all help me to remain on the right side of these industry-wide regulations!
