Engineering Influence from ACEC
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We spoke with Terry Neimeyer about the ACEC Retirement Trust's new offering; the Student Debt Solution. If a participating firm employee uses 2% or more of their salary to pay off student loans, an employer can match that amount as a contribution into a 401(K). This allows the employee to get started towards retirement savings while still allowing them to repay their debt. The Student Debt Solution is the only structure that allows employer assistance with student debt repayment on a pre-tax basis. This is a great way for a firm to attract and retain talent in a competitive marketplace. You can learn more at https://acecrt.com/student-debt-solution/
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Benesch's Phil Houser, 2019 ACEC Community Service Award Recipient
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