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As Featured on CNBC: How making student loan payments can help you save for retirement, starting next January

Man at home managing finances

DECEMBER 11, 2023

SPARKS, MD – The resumption of student loan payments after a more than three-year pause may lead more Americans holding a collective $1.6 trillion in student debt, many in their prime working years, to forgo saving for retirement. However, a provision in the SECURE 2.0 Act, the latest overhaul of retirement planning laws taking effect January 1, 2024, allows employers to match employees’ student loan payments with tax-advantaged contributions into their retirement accounts.

CLICK HERE to read more as Kelly Benefits Strategies Vice President and Senior Consultant John Newcome and other industry experts share with CNBC what employees, and their employers, need to know about the new opportunity.