More employers add 401(k) plan match for those paying student loans

Key Points

More companies are choosing to offer a 401(k) plan match to workers who are paying off their student loans.
A recent law, Secure 2.0, allowed employers to essentially treat student loan payments like a 401(k) contribution for the purposes of offering a match, starting in 2024.
Large companies like Kraft, Workday, News Corp. and Comcast are examples of early adopters.
Most employers are not yet offering or planning to offer the benefit, though.

Source

Finance

Stocks making the biggest moves after hours: Hewlett Packard Enterprise, CrowdStrike, Guidewire Software and more

June 3, 2025

Check out the companies making headlines after hours. Hewlett Packard Enterprise — Shares rose 3%, after the information technology company beat analysts’ expectations on the top and bottom lines. Hewlett Packard Enterprise reported second-quarter adjusted earnings of 38 cents per share on revenue of $7.63 billion. Analysts polled by LSEG had expected earnings of 32 […]

Finance

Citigroup lifts banking curbs on gun makers and sellers

June 3, 2025

In this article C Follow your favorite stocksCREATE FREE ACCOUNT Signage at a Citibank branch in New York, US, on Sunday, Jan. 12, 2025. Michael Nagle | Bloomberg | Getty Images Citigroup on Tuesday ended a seven-year-old policy restricting how it provides banking services to firearm manufacturers, sellers and resellers. The bank launched the policy in […]

Finance

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy

June 3, 2025

Key Points Federal Reserve Governor Lisa Cook raised some concerns regarding the progress on inflation, saying recent lower readings could reverse after tariffs work their way through the economy. President Donald Trump’s trade policy could take a toll on the labor market, she said, even though she suspects the economy is in relatively good shape […]