IRS Guidance Could Help Workers with Student Debt: Group

Overview


Jeffrey Holdvogt said that contributing to workers’ retirement accounts, rather than helping them pay off their student loans directly, provides tax benefits for the employees. “It’s a way to provide a benefit to employees in a tax-incentivized way,” he said. “What I’ve seen working with employers in this space is there’s been a lot of appetite to give some incentive to their employees who are dealing with student debt.”