This is a news story, published by CNBC, that relates primarily to Kraft news.
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student loansCNBC
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88% Informative
More companies are offering 401(k) plan match to workers who are paying off their student loans.
A recent law, Secure 2.0 , allowed employers to essentially treat student loan payments like a 401k contribution.
Kraft , Workday, News Corp. and Comcast are examples of early adopters.
Most employers are not yet offering or planning to offer the benefit, though.
In 2022 , about 1% of 401(k) plans were offering or planned to offer a match based on student loan payments.
By 2023 , that share had increased to about 2% , according to a survey by the Plan Sponsor Council of America .
The share jumped most among the largest firms, or those with more than 5,000 employees.
VR Score
92
Informative language
93
Neutral language
77
Article tone
informal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
3
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