Participants | September 27th, 2024 What the End of the Student Loan On-Ramp Period Could Mean for Retirement Savings After Monday, student loan borrowers may face credit score and fee penalties due to missing or late payments.
Deals and People | August 2nd, 2024 Student Loan Benefit Provider Summer Acquires Vault Vault previously worked with recordkeepers like Voya and Schwab to provide student loan benefits to employees.
Data and Research | February 12th, 2024 Education Savings Benefits Gain Momentum as Employees Struggle With Student Debt As loan repayments are an obstacle limiting employees’ retirement savings, education savings benefits are an opportunity for employers to relieve...
Benefits | January 26th, 2024 Chipotle Partners With SoFi to Offer Student Loan Matching Program The Mexican-style chain restaurant will offer a student loan repayment matching benefit, as well as mental health and financial education...
Products | January 23rd, 2024 How AI, FinTech Solutions Aim to Enhance Financial Security, Retirement Savings Speakers at the EBRI-Milken Institute 2024 Retirement Symposium discussed technology as an important tool to leverage when addressing issues of...
Benefits | January 22nd, 2024 Will Plan Sponsors Adopt PLESAs in 2024? With new guidance from the DOL and IRS, employers have an opportunity to hit the ground running and adopt pension-linked...
Benefits | November 7th, 2023 Abbott Labs Releases Blueprint to Help Employers Offer Student Loan Benefits As student loan debt is a key driver in many employees’ financial stress, Freedom 2 Save—first implemented in 2018—could be...
Data and Research | November 2nd, 2023 Employees More Stressed Over Immediate Expenses Than Retirement Cost-of-living expenses, as well as student loan debt and wages, are primary obstacles to saving for retirement, according to new...
Data and Research | September 27th, 2023 Student Loan Repayments Expected to Derail Employees’ Retirement Savings Nearly 75% of student loan borrowers expect that resuming payments will impact their ability to save for retirement, and some...
Benefits | September 21st, 2023 Delay on Catch-Up Provision Allows Employers to Explore Optional SECURE 2.0 Features When assessing optional provisions like emergency savings and student loan matching, Vanguard’s David Stinnett says plan sponsors should take a...
Benefits | August 29th, 2023 Communicating with Participants About Student Loan Payment Resumption Payments are set to resume in October, and it’s time for plan sponsors to double down on their communications about...
Benefits | July 6th, 2023 Supreme Court Ruling Leaves Student Loan Borrowers Looking for Help Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an...
Compliance | July 3rd, 2023 What Comes Next for Student Loan Borrowers? There is some good news for the financial wellness of debtors too.
Data and Research | May 10th, 2023 Retirement, Broad Financial Fallout From COVID Continues A defined contribution industry survey finds lasting financial effects to retirement plan participants.
Products | April 19th, 2023 MetLife, Savi to Help Public Sector Employees Identify Loan Forgiveness Opportunities Participants can use Upwise, MetLife’s financial wellness platform, to navigate their eligibility for various student loan forgiveness programs.
Benefits | April 18th, 2023 Employees Favor SECURE 2.0 Mandates, Larger Matches Plan sponsors may bolster retirement plan engagement and contributions with SECURE 2.0 enhancements, a Natixis survey shows.
Benefits | March 8th, 2023 What the Potential Shutdown of Biden’s Loan Forgiveness Plan Could Mean for Plan Sponsors Student loan repayment will likely resume later this year, providing even more reason for plan sponsors to offer student debt...
Benefits | September 6th, 2022 Inflation Has Altered Plan Sponsors’ Benefits Spend The higher cost of employer-sponsored benefits has driven HR executives to get innovative during this year’s open enrollment.
Compliance | March 30th, 2022 Securing a Strong Retirement Act Easily Passes House Vote Supporters say the ambitious legislation package would expand retirement plan coverage and deliver benefits to relieve anxiety about having secure...
Benefits | August 13th, 2021 Parents in Great Need of Education and Help for Student Loans Employees are underestimating the amount of student loan debt they will have to carry and worry about its effect on...