Milliman introduces Candidly student loan certification for retirement plans
Milliman, Inc., a global consulting, actuarial, and benefits administration firm, today announced the introduction of a student loan certification solution for its 401(k) recordkeeping clients through Candidly. This innovative solution allows defined contribution plan sponsors to provide matching contributions based on participants’ qualified student loan payments, thereby encouraging greater retirement savings. Through this collaboration, Candidly enables participant certification of qualified student loan payments, while Milliman calculates the match and fulfills the contributions based on the certified loan payments. Read more >>