New 401(k) Benefit Helps Consumers Pay Off Student Debt Faster

student loanAmid 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.

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