Long expected, it’s finally happened. President Biden declared student loan debt relief for certain borrowers through what the administration calls targeted cancellation.
We wanted to know what it meant for borrowers and retirement savers and what impact it might have on employee benefits, so we asked Jeffrey Hull, founder of Savvy Financial. It’s a firm that helps employers empower their employees to both save for college and pay off student debt.
Listen to All 401(k) Podcast Episodes
- Solving the Portability Puzzle with Allianz Life’s Ben Thomason
- Fiduciary Rule Update and ERISA at 50 with Lathrop GPM’s Allie Itami
- The Past, Present and Future with Morningstar Retirement’s Brock Johnson
- Exploring Retirement Income Strategies with Joshua Grass and Todd Levy
- What’s Behind a Remarkable 25-Year Milestone for Invesco’s Kevin Holt
- Making 401(k) Saving Hard to Avoid with Marc Howell and Felix Okwaning at PrincipalⓇ
With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.