Benefits Magazine: November/December 2024

Articles Include:

• Where Student Debt Meets the 401(k)—SECURE 2.0 Gives Employers a New Option
• Take the “Hard” Out of Hardship Distributions With a Substantiation Policy
• Is an Arbitration Provision Right for Your Plan?
• Adverse Benefit Determinations: The Process and the Pitfalls
• Protecting Your Defined Benefit Pension Plan From Inflation
• Quick Look
• Legal & Legislative Reporter

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  Where Student Debt Meets the 401(k)—SECURE 2.0 Gives Employers a New Option

  Steven E. Grieb, CEBS

  New guidance from the IRS provides some definition on the SECURE 2.0 provision that allows matching contributions on qualified student loan payments, expanding the potential tools employers have to help employees address their student debt burdens.