Inheritance Is Not a Sound Retirement Strategy
Younger workers who came of age during the Great Recession are now making decisions that will have a lasting impact on their ability to generate wealth, including their...
Tag: student loan debt
Student Debt Doesn’t Make Hardship, But Tuition Might
Two experienced ERISA attorneys at Drinker, Biddle and Reath warn against the idea of participants seeking a hardship withdrawal for the purpose of paying down student loan debt;...
Participation Rates Not Affected by Student Loans
A brief by the Center of Retirement Research studied how the size and scope of student loans affects 401(k) participation and retirement wealth accumulation.
Employees Have Other Financial Issues That Get in the Way of Retirement Readiness
A PwC survey finds employees are struggling with debt and supporting adult children and aging parents, but also are not investing in their retirement plans properly or using...
Technology and Retail Clients Most Burdened by Student Debt
Data provided by CommonBond shows that workers in the technology and retail industries are most straddled with student loan debt; even workers in industries less impacted by student...
Many Americans Would Forego Social Security Payments for Student Loan Debt Forgiveness
The Student Security Act of 2017 would grant $550 in student loan forgiveness for each month a student debtor was willing to raise his or her full retirement...