Employee Choice

Exclusively from 

Offer employees a student loan repayment benefit using employer match funds — without increasing your benefits budget.

Empower employees to manage employer-matched funds to best fit their financial goals

Funds can be directed to student loans, retirement savings or a combination

Compatible with all 401(k) and 403(b) retirement plans

Implementation is simple and requires no changes to your retirement plan benefits

Companies can offer student loan repayment without a significant increase to their benefits allocation

Employee choses how they want to allocate the percentages of their employer matchEmployee chooses how

they want to allocate the percentatges of their

employer match

How It Works

BenefitEd processes the allocated amounts

Employer match funds are designated to corresponding student loan and/or

retirement accounts 

1

2

3

5%

0%

0%

5%

100 % Student

Loan Contribution

Employer contributes 0% to employee retirement plan and their 5% match to 

student loans annually.

Examples are based on a retirement plan that is dollar for dollar up to 5%

0%

5%

5%

0%

100 % Retirement

Plan Contribution

Employer contributes their 5% match 

to employee retirement plan

and 0% to student loans annually.

Examples are based on a retirement plan that is dollar for dollar up to 5%

2%

3%

3%

2%

Retirement Plan/

Student Loan

Contribution

Employer contributes 3% of their match to employee retirement plan

and 2% of their match to student loans annually, following the designations the employee has made for the two plans. 

Examples are based on a retirement plan that is dollar for dollar up to 5%

Learn more at YouBenefitEd.com or

see your Ameritas sales rep

for more information.