student debt

Why Retirement Plan Sponsors Should Care About Employee Student Loan Debt
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
According to the College Board, the cost of a four-year education increased more than 200% (after inflation) from 1988 to 2018. This has placed a tremendous burden on graduates, with national student loan debt now topping a staggering $1.6 trillion. Surprisingly, while grads ages 25 to 34 are most likely to carry educational loans, the greatest  Read More →
Should You Refinance Your Student Loans? [Infographic]
Team SummitBudgeting & Debt, Employee Financial Resource CenterComments are off for this post
When student loan debt starts to feel overwhelming, many individuals toy with the notion of refinancing. Oftentimes, however, this process may seem daunting, and those looking for the right option for them may not know where to start.  Refinancing may not always be the right answer, but it can be extremely beneficial in certain situations.  Read More →
The SECURE Act: How it Impacts You and Your Family
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
In late December 2019, Congress passed and President Trump signed into law one of the most robust retirement reform bills in over a decade, the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The primary goal of this legislation was to make saving for retirement easier for working Americans. Although much of the legislation  Read More →

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