student loans

Talking Retirement Across Generations
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
In today’s workforce, the demographic ages range from Gen Z to Baby Boomers. This is a gap of approximately 60 years! Employers should be adjusting their communication strategies to better reach each generation. To understand how to change these communication strategies, look first at the generational preferences for each age group and then at how  Read More →
IRS Issues Guidance on Student Loan Matching
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
Thirty percent of adults in the U.S. report having received a student loan to further their education. According to the Federal Reserve, the median student loan debt for those with outstanding balances in 2023 ranged between $20,000 and $25,000. To help ease this financial burden, employers are increasingly offering a match toward student loan repayments  Read More →

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