Leahannah Taylor graduated from Rutgers University with a grasp’s diploma in biomedical sciences — and $59,000 in student debt — in 2019. She’s now debt-free. It took her lower than two years to wipe out her student loan balances, she stated, due to an attractive incentive supplied by her employer. “My strategy was to attack…
Tag: Abbott Laboratories
Employers Try a New Perk: Matching Student Loan Payments With 401(okay) Contributions
Many staff with student loans postpone saving for retirement. Now, a handful of firms try to forestall them from falling behind on retirement financial savings by matching their student-loan repayments with contributions to a 401(okay) plan. In latest months, firms together with Abbott Laboratories, ABT -0.05% Travelers Cos. and Raytheon Co. have both launched or…