Last month, an employer organization received a private letter ruling (PLR) from the IRS clearing the way for student loan benefits to be tied to a 401(k) plan. The organization asked for a tax-exempt 5% 401(k) match to employees who contribute at least 2% of their...
On July 18, 2024, a Federal Court issued a stay preventing the Department from operating the Saving on a Valuable Education (SAVE) plan. Applications into the SAVE plan through our Presto tool are currently unavailable. Read more in our blog.
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