"Employers Offering 401(k) Match for Student Loan Repayments: A New Benefit for Workers"

The Secure 2.0 Act allows employers to match workers' student loan payments with contributions to their retirement accounts, and companies like Abbott, Verizon, and Chipotle are already offering this benefit. Abbott's Freedom 2 Save program, which predates Secure 2.0, allows employees putting 2% or more of their salary toward student loans to receive a 5% retirement contribution. Verizon's Secure Your Future program offers up to a 6% retirement contribution match for employees paying their student loans, and Chipotle matches up to 4% of an employee's salary through 401(k) contributions for eligible student loan payments.