The business additional a component that allows staff to make use of area of the wages to repay its student loans in place of adding to the newest 401(k) savings plan
An increasing number of companies provides stepped up their work, depending on the 401(k) offers package, to help staff in the settling education loan personal debt, if you’re preserving to have old-age.
Actually, a current survey by the EBRI off 250 companies with at the very least 500 teams revealed that you to definitely-third features an application set up to assist team having settling its finance otherwise are thinking about implementing one out of the long run. Read More