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Under a provision of the SECURE 2.0 Act, legislation signed into law in December 2023, employers can provide 401(k), 403(b) or SIMPLE IRA matching for qualified student loan payments. Employers ...
In the first quarter of 2020, more than 16 million borrowers were current in their student loan payments, according to Department of Education data. By the third quarter, just over 300,000 were ...
Twenty-nine percent of Gen X borrowers will need to budget for student loan payments of $500 or higher once they resume next month, according to a TransUnion study. At the same time, PYMNTS ...
The three-year student loan pause is set to expire in just a few more months. According to the U.S. Department of Education, federal student loan payments will be due starting in October 2023.
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