Analysis

Student Loan 401(k) Matches Could Still Trigger IRS Ire

Law360 (September 20, 2018, 7:46 PM EDT) -- The Internal Revenue Service made waves recently by clarifying that a 401(k) plan sponsor may provide matching employer contributions based on employees' student loan repayments, but such programs could still run afoul of regulations if they discriminate in favor of highly compensated employees.

The Internal Revenue Service recently addressed the policy challenge of student debt in the context of retirement planning. (AP) The private letter ruling, PLR-131066-17, was released in August and said offering student loan repayment nonelective contributions would not violate the “contingent benefit” prohibition of the tax code, which says a 401(k) plan may not condition any other benefit...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS