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EBRI study: student-loan debt hampers 401(k) participation

Making student-loan debt payments was found to have a “negative impact” on both the average 401(k) employee-contribution rate and account balance, according to a new research report published Feb. 8 by the Washington, D.C.–based Employee Benefit Research Institute (EBRI) and J.P. Morgan Asset Management.  The report, “Student Loans and Retirement Preparedness,” provides information on how […]

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