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Archive for January 2024

Student Loans? New Tax Law Allows Employers to Match Your Loan Payments in 401(k)

By R. Anthony Hartsoe | January 11, 2024

A Silver Lining to the Burden of Student Loan Payments: Pre-Tax 401k Matching Contributions for Student Loan Borrowers. A new federal law allowing employers to match employee student loan payments with pre-tax 401(k) contributions went into effect January 2024. As part of the changes to the retirement law, Secure 2.0, passed in 2019, allows employees…

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