How Employers Can Support Employees Amid Disappearing Financial Cushions, and Economic Fear
The majority of Americans have money on their mind, as 83% of adults say inflation is a source of stress, and 69% are concerned with the overall economy. All the while, the fate of student loan repayments (and how and when they will impact 45 million Americans) hangs in the balance. The public health emergency […]
How Employers Can Help Avert Unintended Dangers of Student Loan Matching Programs
Key takeaways The new Secure 2.0 legislation allows employers to offer retirement plan matching dollars based on student loan payments. The new law creates potential dangers that employees will lose money and have less resources to weather financial shocks by diverting retirement and emergency savings to student loan payments. The law does nothing to help […]
