EBRI: Universal Student Loan Match Program Could Boost 401(k)s by Billions Yearly
While younger borrowers are most likely to have debt, those in their 40s see the biggest difference in their 401(k)...
Tag: student loan debt
End to Student Loan Payment Pause Yields Sharp Rise in Defaults
A record 9.52 million borrowers had defaulted, as of March.
DOE Boosts Interest Discount for Student Loan Autopay
Automatic payment enrollees are getting a temporary 1-percentage-point reduction in their federal student loan interest rates from the U.S. Department...
Defaulted Federal Student Loans Now Managed by US Treasury, Education Department
The total student loan portfolio is nearly $1.7 trillion and almost one-quarter of borrowers have defaulted.
Student Debt Reaches Not-so-Recent Graduates
Research reveals the intersection of borrowers’ cost pressures.
Interest Accrual for SAVE Plan Loans Resumes
The change to the student loan debt relief program used by 7.7 million borrowers is effective August 1, according to...
Student Loan Burden Lingers Beyond Repayment—Especially for Private Sector Workers
A new study revealed key differences in how student debt impacts the financial well-being of public and private sector employees,...
Voya Collaborates With Savi for Student Loan Debt Offerings
The company said it will offer many Savi guidance features at no charge to employers or their employees.
Changes to Federal Student Loan Repayment Forgiveness Increasing Financial Stress
After payments resumed, the volume of past due federal loans quickly returned to pre-pandemic levels and reached a new high...
529 Assets Are Growing, But Education Still Needed
529 assets are increasing, but education is needed for plan sponsors and participants to understand their full benefits.
How to Leverage SECURE 2.0 to Improve Participant Outcomes
Participant demographics and behavior can guide plan advisers and sponsors to specific areas of retirement policy, says Vanguard’s managing director...
Student Loan Repayments May Crimp Retirement Savers, Including Gen X
New studies from Nationwide and National Institute show widespread impact of student loan repayments on everybody from recent grads to...
Student Loan Forgiveness Program Stopped By Supreme Court
Eligible borrowers will not receive up to $20,000 in student loan debt forgiveness from the federal government.
Investment Product and Service Launches
Principal debuts registered index-linked annuity solution; Jackson enhances RILA suite; Prudential Advisors introduces fee-based annuities; and more.
Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment...
New Plans Will Need Engaged Advisers for Success in SECURE 2.0 Era
SECURE 2.0 brings opportunity, but also implementation, tracking and administrative questions, according to experts speaking on a PLANADVISER webinar.
Plan Design / Cover Story
Balancing Act
How advisers can help participants prioritize their savings, with retirement in mind.
Could ‘Buy Now, Pay Later’ Trend Weaken Savers’ Financial Wellness?
Some ‘buy now, pay later’ services promise no interest or fees and no impact on a consumer’s credit score—but that...
FutureFuel.io Announces New Acquisition, Rebrand
With its acquisition of College Finance Company, the company, now known as Candidly, says its platform can be delivered as an employee benefit or embedded into a partner’s...