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

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.



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