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What You Need to Know: 401(k) Contributions & Student Loans

With employees facing the choice between paying off student loans or prioritizing other financial goals, research shows workers would rather pay down debt than save for retirement. With a new IRS ruling, companies are able to offer a student-loan benefit program in which special 401(k) contributions would be made into the accounts of employees who are making student loan repayments. Read more on this here.