Employers Ask IRS to Broaden 401(k) Student Loan Ruling to All Qualified Plans - McDermott Will & Emery

Employers Ask IRS to Broaden 401(k) Student Loan Ruling to All Qualified Plans

Overview


Jeffrey Holdvogt said that “because student loan benefit programs are becoming an increasingly powerful way for employers to attract and retain key talent, the private letter ruling will very likely cause many employers, particularly employers with a young and educated workforce, to consider offering a student loan benefit as part of their retirement program.”