Browsing Tag
Student Loan Debt
140 posts
Student loan debt is money borrowed by students to pay for college or higher education expenses, such as tuition, housing, books, and fees. These loans must be repaid with interest after graduation or leaving school. Student loan debt can come from federal or private lenders and often impacts a borrower’s financial future, influencing decisions like buying a home, saving for retirement, or pursuing further education.
SoFi at Work and Kimley-Horn Partner on Student Loan Repayments
Kimley-Horn announced it will use SoFi at Work's SLV service to pay matching contributions towards 401(k) plans based on employees' student loan repayments
Candidly Adds Emergency Savings Solution
Fintech expands beyond student debt solutions with new workplace benefit offering
6 SECURE 2.0 Changes Coming to Retirement Plans in 2024
Employee Benefits Alert from law firm Bradley highlights key changes to 401(k)s in the coming year
Older Workers Sense Impact of Student Loan Repayments
Growing number of workers ages 45 and up say the resurgence of student loan payments has negatively influenced their long-term financial planning
3 in 4 Say Resumption of Student Loan Payments will Impact Retirement Contributions
New Corebridge Financial-Morning Consult study finds end of 3-year repayment pause will cause many to cut back on 401(k) contributions
Half of Americans Feel Behind on Retirement Saving
MassMutual survey finds one in five never plan to retire
Dems Reintroduce Bill to Shield Social Security Payments from Garnishment
Legislation comes as federal student loan payments set to resume in October
Borrowers Increasingly Stressed Over Looming Student Loan Payments
With payments starting up next month, close to half of borrowers say they feel extremely or very stressed, finds Achieve
Biden Formally Unveils SAVE Plan to Combat Student Loan Debt
President says 20 million borrowers could benefit from new “Saving on a Valuable Education” plan
Gen Z 401(k) Balances Spike in Past Year, Fidelity Data Shows
Fidelity Q2 analysis reveals average retirement account balances for 401(k)s, 403(b)s and IRAs all increased by double digits and “401(k) millionaire” ranks swell, thanks to steady contributions and positive market conditions