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Fidelity Launches New Program for Employers to Help Workers Pay Off Student Debt

September 14, 2017

Fidelity Investments press release ------- Employers wanting to attract and retain employees should know one single, powerful fact: Eighty-six percent of young workers say they'd commit to their employer for five years if they helped pay off their student loans. To increase recruitment and retention, and ease the burden of student loan debt, Fidelity Investments is offering employers a new program to help employees pay off undergraduate or graduate student loans more quickly. With the Student Debt Employer Contribution program, employers can make after-tax contributions towards participants' loans with Fidelity administering and fulfilling the payments. The program will pilot in the fourth quarter 2017 with a full rollout in early 2018. To learn more click on the picture below to read the release.

 

 

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