Level Up Your Benefits: Your Guide to Student Loan Matching Programs
- Larry Kavanaugh, Jr.
- 5 hours ago
- 1 min read
Student loans can hold your employees back—and their retirement savings too. A student loan matching program can change that.
How a student loan matching program works:
Employees make their student loan payments.
Employers match those payments with retirement contributions.
Why it’s a game-changer:
Attract talent: 40% of workers would change jobs for better benefits.[1]
Boost wellness: Help employees pay loans and save for the future.
Stay competitive: Stand out, especially with Millennials and Gen Z.
Starting in 2025, SECURE 2.0 makes it easier to match loan payments with retirement contributions. Is this program right for your team?
Northeast Retirement Plan Advisors
Larry Kavanaugh, Jr. AIF®, CPFA, CLU, ChFC
950-A Union Rd.
Suite 31
Buffalo, NY 14224
716.674.6200x237
716.674.7000
Securities and advisory services offered through LPL Financial a registered investment advisor, Member FINRA/SIPC.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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