Matching Contributions on Student Loan Payments Under SECURE 2.0 | Practical Law
A Practice Note providing an overview of matching contributions to a 401(k) plan based on participants' student loan payments as permitted under the SECURE 2.0 Act of 2022 (SECURE 2.0), called a qualified student loan payment (QSLP). This note provides an overview of the requirements for QSLPs along with the plan amendment deadline for employer matching contributions on QSLPs.