Employers May Now Make Matching Contributions for Student Loan Payments

In an effort to assist employees who may not be able to save for retirement because they are overwhelmed with student loan debt, as of January 1, 2024, Section 110 of SECURE 2.0 permits an employer to make matching contributions under a 401(k) plan, 403(b) plan, or SIMPLE IRA with respect to “qualified student loanContinue reading “Employers May Now Make Matching Contributions for Student Loan Payments”