Understandably, the more debt you have, the more difficult it is to save. If possible, take full advantage of the employer match, which is "free money" that is too valuable to pass up. Federal student loan repayments are often based on your Adjusted Gross Income. You reduce your AGI by contributing to your 401(k) Plan. So, saving for retirement, receiving free money, and paying off your loan debt is a win-win-win!
For assistance with student loans, go to HCAGHR.com, click Benefits, select Education Assistance, or call (800) 640-2235.
Remotiv is not affiliated with HCA Healthcare and is a private company hired to provide independent investment education. All responses are intended to be educational in nature and should not be considered advice.