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What New Student Loan Relief Means for Employee Benefits
Ogletree Deakins Link to more items from this source
Sept. 19, 2022

"Employers may want to consider building in flexibility to their education assistance programs and to any matching contributions offered through coordination of such a program and a 401(k) plan benefit.... [If] proposed measures take effect, more individuals will be eligible for $0 monthly income-based payment amounts in the future.... [E]mployers that do not currently offer education assistance programs may want to consider adding one by January 1, 2023, as many borrowers' priorities will be shifting from retirement savings to student loan repayments then."

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