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This millennial is paying down her student loans while her employer funds her 401(k): It 'doesn't feel real' - TL;DR CNBC

This millennial is paying down her student loans while her employer funds her 401(k): It 'doesn't feel real'

Publishing timestamp: 2024-02-10 09:00:01


Summary

The article discusses how Verizon is offering a new employee benefit program called Secure Your Future, which allows employees to earn a full 6% employer 401(k) contribution by making student loan payments. Amber Steeves, an employee at Verizon, shares her experience with the program and how it has helped her prioritize her debt and retirement savings. She hopes to pay off her student loans in the next five years with the help of this program.


Sentiment: POSITIVE

Tickers: VZ

Keywords: verizon communications incstudent loanslabor economylifestylepersonal financebudgetingpersonal savingpersonal debt401(k) planspersonnel

Source: https://www.cnbc.com/2024/02/10/employers-now-offer-student-loan-401k-match-what-its-like.html


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