05.14.19
Top Finance Dem Offers Bill to Help Those Repaying Student Loans Save for Retirement
by: Naomi Jagoda
Sen. Ron Wyden (D-OR), the top Democrat on the Senate Finance Committee, on Monday introduced a bill that would allow companies to make matching contributions to the retirement plans of employees who are making student loan repayments. The bill was introduced one day before the Finance Committee holds a hearing on “challenges in the retirement system.” Lawmakers on both sides of the aisle and in both chambers of Congress are interested in passing legislation this year to encourage retirement savings.
Read the full article on The Hill