Greenwood Village-based Empower Retirement, the nations second largest administrator of retirement plans, is rolling out a program to make it easier for employers to provide what is becoming an increasingly popular benefit with younger workers student loan assistance.
Under the new offering, provided in conjunction with CommonBond Inc., a student loan payment platform, employers can make additional payments toward employees student loans or they can make extra retirement plan contributions for employees focused on paying down their loan balances.
The CommonBond platform also offers tools to help borrowers better manage their loans, such as knowing when it makes sense to refinance or what loan forgiveness options are available to them.
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Read the full article at: https://www.denverpost.com/2019/04/09/empower-retirement-student-loans/