If enacted, this measure would allow employers to match student loan repayments with 401(k) contributions. Employees with student loan debt would be encouraged to pay off the debt while enjoying some retirement savings. For employers, this method of helping employees with student loan debt means no new plan is required; an existing 401(k) is used. The Senate Finance Committee explains how the proposal would work.
Barbara Weltman
Big Ideas for Small Business, Inc.
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health