X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
money and mortarboard Last week, the IRS green-lighted a new benefit offering from Abbot Laboratories that allows participants in the company’s 401(k) plan to earn the employer match of 5 percent when they defer 2 percent of salary to service student loan debt. (Photo: Shutterstock)

A trade organization that lobbies on behalf of large plan sponsors of defined contribution plans is urging the IRS to extend a recent private letter ruling to all qualified plans.

Nick Thornton

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.