Tag: student loan repayment benefits

Several options could aid in recruitment, retention and financial wellness.

Optional SECURE 2.0 provisions and IRS determination letters can help plan sponsors position their plans to meet participant needs.

Employers can steer employees to help when they have to restart student loan debt repayments, and there is hope that...

It’s important to first gauge employees’ interest in such programs, and to assess the costs, a Willis Towers Watson expert...

While the service is offered as a package, plan sponsors will be able to choose select solutions for their needs.

With the benefit tied to its 401(k) plan, CSAA says 60% of its employees are contributing to the 401(k) for...

The legislation would permit employers to contribute up to $5,250 tax-free to their employees’ student loans.

In an Issue Brief published by the Employee Benefit Research Institute (EBRI), Neil Lloyd, partner and head of DC &...

The 2018 PLANSPONSOR Defined Contribution Survey also found 403(b) plan sponsors, to a higher degree than respondents overall, offer college...

The Retirement Parity for Student Loans Act would permit 401(k), 403(b), and SIMPLE retirement plans to make matching contributions to...

Edukate’s 48,000 users can engage with Gradifi’s solutions once their employer adds the benefit to their platform.

The IRS recently issued a private letter ruling approving a student loan repayment benefit within a retirement plan; ERIC wants...

The OneAmerica survey examines other topics relating to participant financial wellness, including health care expenses and the use of health...

IonTuition finds more than half (52%) of respondents still owe more than $15,000 in student loans, and the year-over-year data...

Because participants receiving a student loan repayment non-elective contribution can still make deferrals to the 401(k) plan and receipt of...

One-third would sacrifice retirement benefits.

The SaaS firm has expanded its platform and initiated new partnerships to help employers easily roll out student loan refinancing...