WrittenPublished by: The Wall Street Journal
MBA News Digest Comment: None.
Extracted Content: Many workers with student loans postpone saving for retirement. Now, a handful of companies are trying to prevent them from falling behind on retirement savings by matching their student-loan repayments with contributions to a 401(k) plan.
In recent months, companies including Abbott Laboratories, Travelers Co s. and Raytheon Co. have either launched or announced plans for such programs. The companies join a growing number of others that are helping workers reduce student debt in other ways, including making direct payments to lenders.