What You Need to Know About IRS Ruling on 401(k) Match for Student Loan Repayments - McDermott Will & Emery

What You Need to Know About IRS Ruling on 401(k) Match for Student Loan Repayments

Overview


Jeffrey Holdvogt said that while a recent Internal Revenue Service private letter ruling allowing an employer to provide a tax-free student loan repayment option through a 401(k) contribution applies only to one company, employers often view these public rulings as informal guidance on similar issues.