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Innovation in employee benefits: The Student Loan 401(k) “Match”

Jan 7, 2019 3:40:46 PM / by The HR Trove by Willis Towers Watson posted in retirement, benefits, 401(k), student loans

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$1,500,000,000,000![1] At $1.5 trillion in outstanding loans nationally, chances are that many of your new recruits and current employees are struggling to pay down student loan debt, resulting in financial stress and delayed retirement savings. In fact, student loans are so common that 4 out of 10 Americans who have gone to college took out some sort of debt to pursue their degree.[2]

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