Amid already intense competition for top workers, companies are looking for unique ways to attract and keep employees. Helping them pay down student loan debt while saving for retirement is a game-changer. The IRS has just approved one such plan, and many more will follow. Advisors can help facilitate these plans for business-owning clients who may want these strategies for themselves, for their existing staff and for their prospective employees.
New 401(k) Benefit Helps Consumers Pay Off Student Debt Faster
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- Written by: Ed Slott, CPA for Financial Planning
- Category: Breaking News - Daily