Nevin's Data "Points"

   Despite a lot of enthusiastic support for SECURE 2.0’s qualified student loan matching provision (QSLP match), employers don’t seem to be adopting that provision. Maybe there’s a reason — or two. Recently only 12% of sponsors answering  Callan ’s annual  DC survey  said they had decided to offer employer-retirement account matches on qualified student loan payments, while 49% said no and 39% said they were still deciding — and that’s a survey that skews toward larger plans, generally viewed as early adopters. Those tepid numbers have been validated in several reader polls conducted by the Plan Sponsor Council of America (PSCA). In 2023, only 2.2% of respondents said they offer or will offer the program during the year. In 2024, it was 4.7%. In the January 2025 poll covering 154 responses, the adoption rate was just 2.6%. Oh, and the “no” votes over the years were, shall we say, “emphatic”: 66.2%, 64% and 74.7% respectively, according to Pensions and Inve...

Life has many lessons to teach us, some more painful than others – and some we’d just as soon be spared. But as graduates everywhere look ahead to the next chapter in their lives, it seems a good time to reflect on some lessons learned along the way. It’s handy to know at least a little about sports and the weather. Paying the minimum due on your credit cards is dumb. Be willing to take all the blame – and to share the credit. Know that there actually  are  stupid questions. Try not to be the one asking them. Shun those who are cruel to others – and don’t laugh at their “jokes” – sooner or later, you’ll be a target. Never say you’ll never. “Bad” people eventually get what’s coming to them, though you may not be around to see it. Always sleep on big decisions. When it seems too good to be true, it’s generally not good nor true.  Never let your schooling stand in the way of your education. Sometimes the grass on the othe...