Last month, an employer organization received a private letter ruling (PLR) from the IRS clearing the way for student loan benefits to be tied to a 401(k) plan. The organization asked for a tax-exempt 5% 401(k) match to employees who contribute at least 2% of their...
Our latest survey report shows strong desire for student loan repayment options over traditional employee benefits and trending voluntary benefits alike There are nearly 44 million Americans bearing over $1.5 trillion in student loan debt. IonTuition, the leading...
As a component of FSA’s Next Generation (Next Gen) Financial Services Environment, the Department of Education recently released an app for students to submit their Free Application for Federal Student Aid, or FAFSA. A beta version of the app, called My Student...
More and more of the modern world economy is being driven by financial services, technology, and manufacturing than ever before. The champions of these markets often hold an advanced degree, stimulating demand for a college education. College education varies from...
Voluntary benefits such as health insurance, dental plans, and 401(k)’s have been around for many years now. Most companies offer benefits as an incentive to recruit and retain talent. As the job market tightens, companies have begun offering additional...
Millennials Are Delaying Home Buying Because of their Student Loans A study last October by the National Association of Realtors and the American Student Assistance agency found that millennials are delaying home buying by approximately seven years. Millennials carry...