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IRS ruling allows 401(k) student loan benefits

By MarketWatch

More employers may move to adopt a student debt repayment benefit as part of their retirement planRead full story

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  • This sounds like a great idea. If you follow the Dave Ramsey “Financial Peace University” plan (we did and still do, and it has worked well for us), you need to pay off all debt before contributing to retirement savings. This is a way for corporations to take an active role in helping their employees become debt free.

  • looks like a positive for those with student debt. as employment numbers increase, this looks like a good benefit to add.

  • I could definality use this. cause as inwatch my 401k move up it is hard to watch my student loan debt barley budge some times. A good company could really make a difference with the match and become one of those companies everyone out of college flocks to first

  • This is awesome news and could be a serious game changer in developing our workforce and financing school. Employers want high skill, highly educated workers, and workers want to develop themselves to the best of their ability this gives he chance for both. While retirement savings are smart it’s better

    This is awesome news and could be a serious game changer in developing our workforce and financing school. Employers want high skill, highly educated workers, and workers want to develop themselves to the best of their ability this gives he chance for both. While retirement savings are smart it’s better to pay down debt and get stabilized.

  • This is great! As important as retirement savings are and the importance of starting young, it’s ridiculous to be squirreling away a small percentage while student loan debts loom large. Smart solution.

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