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Paying off a student loan? Your company could match that money in your 401(k) [Yahoo! Finance Canada]

Masco Corporation (MAS) 
Last masco corporation earnings: 4/29 07:00 am Check Earnings Report
If you work for an employer that offers a 401(k), 403(b) or similar workplace plan, there's a new option rolling out this year that can help you save for retirement and pay off student loans in one fell swoop. Employers can now consider student loan payments as qualifying contributions toward retirement plan matching programs thanks to the Secure 2.0 Act, which included a package of retirement-related provisions aimed at r atcheting up savings “The student debt retirement provision is particularly exciting as it directly addresses retirement savings — which is one of the top areas we see so many borrowers are forced to cut back on due to their student debt,” Jesse Moore, head of student debt at Fidelity Investments, told Yahoo Finance. ADVERTISEMENT It means that workers no longer need to choose — they can do both things at once. “Young professionals often put off saving for retirement in order to deal with more urgent and tangible financial concerns like debt and short-ter Show less Read more
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