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...
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...
There are More Older Americans in the Workforce The traditional retirement age is no longer 65. According to the Bureau of Labor Statistics, the fastest-growing age segment in the workforce are Americans 65 years or older. The number of Americans over 65 that are not...