Pay down debt or save for the future? This age-old dilemma now has an innovative solution as employers seek novel strategies to help employees struggling with boosting their retirement savings while also paying down student debt. In fact, 67% of recent college graduates burdened with student loan debt claiming this debt is preventing them from participating in major life milestones such as saving for retirement, getting married or buying a home . As a market leader for student debt workplace benefits since 2016, Fidelity Investments, is pleased to add to its award-winning student debt workplace offerings by introducing another benefit aimed at addressing the growing pressures of student debt Pupil Debt Old age .
College student financial obligation is a shield you to suppresses too many People in the us out-of doing important existence goals such as protecting getting senior years, claims Jesse Moore, elderly vice-president, lead of Beginner Personal debt at the Fidelity Investments. The development of a retirement-focused scholar loans work with try a casino game-altering step forward for the masters globe that will help many to their highway on the economic wellness and you may mobility. Continue reading Fidelity Raises The brand new Solution because Companies Incorporate Innovative Advantages to Let Staff Boost Retirement Coupons and Deal with Beginner Obligations