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. Not only are about 43 million borrowers impacted by the return of student loan payments, many Americans are also feeling the loss of government-supported pandemic-era benefits, and […]
How Employers Can Help Avert Unintended Dangers of Student Loan Matching Programs
Key takeaways Secure 2.0 legislation allows employers to offer retirement plan matching dollars based on student loan payments. The 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 support employee loan […]
