Implement the SECURE Act 2.0 for Enhanced Employee Benefits


Implement the SECURE Act 2.0 for Enhanced Employee Benefits
The Issue
Imagine saving for your retirement WITH your student loan payments. This program exists.
My name is Yuki and I'm a recent grad working in my first full-time role. Like many of you, I graduated with student loans. I'm constantly juggling paying off my loans while trying to plan for retirement. That balancing act feels like an uphill battle. Fortunately, there is a program that would let us do both at the same time.
The SECURE Act 2.0 was signed into law in December 2022. It allows employers to match employees' student loan repayments as contributions to their retirement accounts. This means while we're paying for our student loans, we're saving for retirement at the same time so that we can start taking advantage of compounding interest on our retirement plan now.
The Federal Reserve Bank data shows around two-thirds of college graduates have student loans averaging $30,000 per borrower. The introduction of employer-matching contributions towards these loans could significantly ease our burden and enhance financial security. Imagine turning your $30,000 debt into $30,000 in your 401(k).
By implementing this act, we can create a more supportive work environment where employees feel seen and amplified rather than overwhelmed by their financial obligations.
Employer participation is voluntary, so join me in urging URBN to implement the SECURE Act 2.0! Sign this petition today and help us make a positive change for all employees grappling with student debt while saving for retirement.

The Issue
Imagine saving for your retirement WITH your student loan payments. This program exists.
My name is Yuki and I'm a recent grad working in my first full-time role. Like many of you, I graduated with student loans. I'm constantly juggling paying off my loans while trying to plan for retirement. That balancing act feels like an uphill battle. Fortunately, there is a program that would let us do both at the same time.
The SECURE Act 2.0 was signed into law in December 2022. It allows employers to match employees' student loan repayments as contributions to their retirement accounts. This means while we're paying for our student loans, we're saving for retirement at the same time so that we can start taking advantage of compounding interest on our retirement plan now.
The Federal Reserve Bank data shows around two-thirds of college graduates have student loans averaging $30,000 per borrower. The introduction of employer-matching contributions towards these loans could significantly ease our burden and enhance financial security. Imagine turning your $30,000 debt into $30,000 in your 401(k).
By implementing this act, we can create a more supportive work environment where employees feel seen and amplified rather than overwhelmed by their financial obligations.
Employer participation is voluntary, so join me in urging URBN to implement the SECURE Act 2.0! Sign this petition today and help us make a positive change for all employees grappling with student debt while saving for retirement.

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Petition created on April 16, 2024