A New Perspective on Student Loan Repayment Benefits
On August 17, 2018, the Internal Revenue Service (the “Service”) published a Private Letter Ruling (the “PLR”) describing a unique student loan repayment program in the context of a qualified retirement plan. Proposed Student Loan Repayment Program As described in the PLR, an Employer sponsors a Section 401(k) defined contribution plan that permits elective deferrals. […]
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3 min read
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Tagged: 401(k), defined contribution, PLR, repayment, student loan, student loan benefit
MC
Matthew P. Chiarello
Partner