Tag: employer student loan benefits

New data demonstrate the issue’s considerable reach and impact on finances.

The firm expects its artificial intelligence-based tools will help plan sponsors and individuals pay down loans more than 252,000 years...

Participants increasingly look to plan sponsors for assistance, as debt looms over their ability to borrow and to save for...

The Department of Education will begin collecting payments from borrowers in default, ending a pause that began during the COVID-19...

Borrowers who have not begun making payments on federal student loans are being reported as delinquent to credit reporting agencies,...

After Monday, student loan borrowers may face credit score and fee penalties due to missing or late payments.

Vault previously worked with recordkeepers like Voya and Schwab to provide student loan benefits to employees. 

As loan repayments are an obstacle limiting employees’ retirement savings, education savings benefits are an opportunity for employers to relieve...

The Mexican-style chain restaurant will offer a student loan repayment matching benefit, as well as mental health and financial education...

Speakers at the EBRI-Milken Institute 2024 Retirement Symposium discussed technology as an important tool to leverage when addressing issues of...

With new guidance from the DOL and IRS, employers have an opportunity to hit the ground running and adopt pension-linked...

As student loan debt is a key driver in many employees’ financial stress, Freedom 2 Save—first implemented in 2018—could be...

Cost-of-living expenses, as well as student loan debt and wages, are primary obstacles to saving for retirement, according to new...

Nearly 75% of student loan borrowers expect that resuming payments will impact their ability to save for retirement, and some...

When assessing optional provisions like emergency savings and student loan matching, Vanguard’s David Stinnett says plan sponsors should take a...

Payments are set to resume in October, and it’s time for plan sponsors to double down on their communications about...

Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an...

There is some good news for the financial wellness of debtors too.

A defined contribution industry survey finds lasting financial effects to retirement plan participants.

Participants can use Upwise, MetLife’s financial wellness platform, to navigate their eligibility for various student loan forgiveness programs.