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(Published by Filice.) At a time when talent is tough to attract and retain, HR managers are pulling out all the stops with benefits and perks. But if you’re not leveraging the lure of college savings and loan repayments, you’re missing a competitive edge.
(Reported by Hypepotamus.) Companies have to get smarter about employee benefits if they want to attract the best talent in 2022. That might bring to mind concepts like flexible work hours, gym memberships, or competitive retirement matching plans. But a team of Nashville-based entrepreneurs thinks it is time to add education payment options to the mix.
(Interview by 401K Specialist.) Long expected, it’s finally happened. President Biden declared student loan debt relief for certain borrowers through what the administration calls targeted cancellation. We wanted to know what it meant for borrowers and retirement savers and what impact it might have on employee benefits, so we asked Jeffrey Hull, founder of Savvy Financial.
Savvy Financial, Inc. (“SavvyFi”) is a web-based investment adviser. Our investment advisory services are made available to U.S. residents only. This website shall not be considered a solicitation or offering for any service or product to any person in any jurisdiction where such solicitation or offer would be unlawful. Nothing in this website should be construed as investment, legal, tax, regulatory or accounting advice. Prospective investors should consult with their own legal, regulatory, tax, business, investment, financial and accounting advisers. While distributions to cover K–12 tuition are tax-free on the federal level, state tax treatment will vary, and you should check with your tax professional for details. All investments involve risk, including the possible loss of money you invest, and past performance does not guarantee future performance.
