Many workers with student loans found that saving for retirement is extremely difficult. With Secure 2.0 however, as workers' pay off their student loans, their employers could match those payments with contributions to retirement accounts. Olivia Mitchell, a co-author of the National Bureau of Economic Research's study on Secure 2.0, said "My guess is that many large employers will find it useful in attracting and retaining scarce talent, but smaller firms might not."
Citation:
"Secure 2.0 may help student borrowers more with loans than with retirement, study predicts," Financial Planning, N Place, May 29, 2024.