Tag: employer benefits
A reporter called recently to ask why Americans are using Twitter to plead for financial assistance during the coronavirus. The answer is that the coronavirus is shining a spotlight on the vulnerability of a wide swath of American households. Start with financial resources. In 2017, in the midst of the strong economic recovery, about 40…
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…
