Student loans can hold your employees back—and their retirement savings too. A student loan matching program can change that.
How a student loan matching program works:
- Employees make their student loan payments.
- Employers match those payments with retirement contributions.
Why it’s a game-changer:
- Attract talent: 40% of workers would change jobs for better benefits.[1]
- Boost wellness: Help employees pay loans and save for the future.
- Stay competitive: Stand out, especially with Millennials and Gen Z.
Starting in 2025, SECURE 2.0 makes it easier to match loan payments with retirement contributions. Is this program right for your team?
Let's explore your options
Independent Retirement Partners
290 Elwood Davis Road, Suite 220
Liverpool, NY 13088
(315) 431-2888
www.irpny.com
Matthew C. Monroe, AIF®, CRPS®
Managing Partner
mmonroe@irpny.com
Securities offered through LPL Financial member FINRA and SIPC. Investment Advisory services offered through Good Life Advisors, a Registered Investment Advisor. Good Life Advisors and Independent Retirement Partners, LLC are not owned or controlled by LPL Financial. Chartered Retirement Plans Specialist conferred by the College for Financial Planning.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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[1] Willis Towers Watson. “2024 Global Benefits Attitudes Survey.” June 2024.