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Student debt's impact on 401(k)s: How employers can alleviate some financial burden
2025-07-29 14:40 UTC by BenefitsProLynn Cavanaughhttps://feeds.feedblitz.com/-/922372811/0/benefitspro.jpgRetirement Trends/Retirement/Retirement Regulation/Defined Contribution/C-Suite/Employee Participation/Market Insights

Student loan debt is taking a toll on employee's 401(k)s, particularly as the Department of Education begins wage garnishment of those in default of loans, but employers could step up efforts by offering matching contributions or personalized financial counseling services, says MissionSquare.

      

 

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