SLR

tax tips student loan

July/August 2019 Tax Tips

Helping employees pay down student loan debt In a 2018 private letter ruling, the IRS gave its blessing to an employer’s innovative student loan repayment (SLR) program. Essentially, the ruling allowed the employer to link matching contributions to employees’ 401(k) plan accounts to either 1) the amount of elective contributions an employee makes to the…

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