It’s important to save for retirement. But when you have a big load of student loan debt hanging over you, it’s hard to find the cash both to make your loan payments and to contribute to a retirement plan.
That’s why one employer is looking at a novel way to help employees build up retirement savings even if they have large student loan balances. By linking matching 401(k) contributions to the amounts that workers repay on their student loans, this employer wants to help workers build up a retirement savings balance as early as possible — and the legal advisors who helped set up the system and g…
Read the full article at: https://www.fool.com/retirement/2018/09/16/a-great-new-way-your-employer-might-help-you-with.aspx