Data and Research | January 12th, 2022 Student Debt Derails Millennials’ Savings A significant number of college-educated Millennials feel student debt has affected their ability to save for retirement and to buy...
Reader Responses | August 16th, 2021 SURVEY SAYS: Did Stimulus Payments ‘Stimulate’ the Economy? NewsDash readers shared whether they saved or spent any stimulus payments they received.
Data and Research | February 8th, 2021 Millennials Have a Debt vs. Savings Conundrum Dispelling myths about when to save and invest for retirement, and helping with their student loan debt, can help Millennials...
Benefits | November 4th, 2020 Best of PSNC 2020: The Future of Student Loan Benefits and What to Expect in 2021 Panelists said encouraging better financial wellness can go a long way to helping workers manage their student loans.
Products | October 23rd, 2020 Student Loan Repayment Program Added to UBS Workforce Suite The investment firm has also added personalized financial wellness digital capabilities.
Products | October 6th, 2020 Transamerica Debuts Student Loan Repayment Program It enables sponsors to shift their benefits dollars to the retirement plan or to an employee’s student loan servicer.
Benefits | September 23rd, 2020 PSNC 2020: Addressing Employees’ Student Loan Debt More employers are helping workers restructure loans, and some are even repaying the loans directly.
Compliance | September 18th, 2020 A Democrat and a Republican Talk About Retirement Security Political strategists discussed Social Security, the payroll tax deferral and student loan debt.
Data and Research | September 3rd, 2020 Educators Face Student Loan Setbacks Due to COVID-19 While loan forgiveness programs are an option, many applications are confusing and difficult to navigate.
Products | September 11th, 2019 Edmit and NFP Create College Financial Planning Offering Discussing college finances can be intimidating. These two firms want to open up that conversation for employees.
Products | January 15th, 2019 New, Flexible Student Loan Debt Repayment Program Employees can determine how they want to allocate employer 401(k) matching dollars—be it to their retirement account, to their student...
Data and Research | November 28th, 2018 Encouraging Workers to Save While Paying Off Debt Workers facing debt payments must also prioritize long-term savings, as difficult as this may seem.
Compliance | August 30th, 2018 ERIC Asks IRS for Revenue Ruling on Student Loan Repayment Benefit The IRS recently issued a private letter ruling approving a student loan repayment benefit within a retirement plan; ERIC wants...
Participants | August 28th, 2018 OneAmerica Participant Survey Highlights Pervasive Student Debt Challenges The OneAmerica survey examines other topics relating to participant financial wellness, including health care expenses and the use of health...
Benefits | August 22nd, 2018 Employees Feel Employers Should Help Pay Student Loan Debt IonTuition finds more than half (52%) of respondents still owe more than $15,000 in student loans, and the year-over-year data...
Data and Research | August 21st, 2018 Majority Think Financial Security Is Unattainable Paying down debt is a higher priority for survey respondents than saving.
Products | August 16th, 2018 Program Allows Participants to Move Matches to Student Loan Debt With a new service from BenefitEd, workers can move the entire match over to pay down their student loan debt...
Compliance | July 11th, 2018 Hardship Withdrawal Safe Harbor Covers Tuition, But Not Loan Repayments Plans which permit non-safe harbor hardship distributions could theoretically approve a participant’s hardship distribution request for the repayment of student...
Data and Research | July 2nd, 2018 Student Loan Size Does Not Hinder 401(k) Participation However, a brief released from the Center of Retirement Research shows retirement wealth accumulation is affected by having student loans.
Benefits | June 12th, 2018 Crowd Funded 529 Plans Show Promise for Employees Franklin Templeton last year launched the Spryng crowd funding platform for college savings; at this point the firm has not...