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Fingers Crossed: Congress Could Allow Employers To Tie 401k Contributions To Paying Off Student Loans

Fingers Crossed: Congress Could Allow Employers To Tie 401k Contributions To Paying Off Student Loans

Submitted by • March 5, 2019 bit.ly

But there is a glimmer of hope in the Retirement Parity for Student Loans Act, introduced last December by U.S. Senator Ron Wyden (D-Oregon), which would allow employers to make matching contributions under 401k, 403b and SIMPLE retirement plans with respect to student loan repayments made by employees.

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