Tag: 401k match

But suspension much less important this time around. As soon as the economy shut down last March, our center decided to systematically record the names of companies that announced they were suspending the employer 401(k) match. We thought we were quite clever because during the 2008-2009 meltdown, we started late and had to go back…

On August 17, the Internal Revenue Service released a private letter ruling that could make it easier for employers to use their 401(k) plans to assist their employees who are repaying student loan debt. Over the last decade student loan debt has nearly tripled in real terms and, today, Americans hold $1.4 trillion in student…