Plan Sponsor Can Amend 401(k) Plan To Offer Student Loan Repayment Benefit

(August 22, 2018, 8:32 AM EDT) -- WASHINGTON, D.C. — A 401(k) plan sponsor is permitted to amend its plan to include a student loan repayment benefit, the Internal Revenue Service stated in a private letter ruling released Aug. 17 after determining that the proposed student loan repayment program would not violate the “contingent benefit” prohibition of the Income Tax Regulations....

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