When people with student debt try to save for retirement, they fall behind early and never catch up

Workers with student debt contributions receive smaller employer retirement matching contributions than peers without debt, according to analysis of employer 401(k) matching policies. Some employers reduce or eliminate matching contributions when workers direct income toward student loan repayment. If all employers provided matching contributions equivalent to student debt payments, workers would accumulate over $10 billion in additional retirement savings, according to the cited analysis.

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