Student debt is a universal problem from which few are immune. In the United States alone, 44.7 million people have an aggregate of $1.56 trillion in student debt. It may be easy to think student debt is a Millennial problem; yet, Baby Boomers and Gen Xers currently owe the most.
At the point when many Baby Boomers and Gen Xers have paid off their student loans and start gaining momentum with their retirement savings, they have to get back on the student debt train to help their dependents with the cost of their higher education.
How can you take control of your student loan debt?
According to a recent survey, 80% of student loan borrowers think of their student debt as a life sentence. For many, it is not just about the debt, but the impact on their day-to-day lives. Managing loans in addition to overall financial wellness is a source of stress for many.
JK Moving Services/CapRelo recognizes the burden student debt can put on the shoulders of our employees and has partnered with Fidelity Investments to help take control of that debt. With JK’s Student Debt Employer Contribution Program, full-time employees are eligible for a company-funded contribution of up to $600 per year towards student loan repayment.
Employees can access Fidelity’s Student Debt Tool to help get a complete picture of their student loans and provide actionable strategies for repayment and consolidation.
The partnership with Fidelity is just one of the ways JK Moving Services/CapRelo shows support and appreciation to our employees for their contributions to our growth and success. The Company additionally offers:
- Health, dental, and vision insurance
- Flexible spending programs
- Performance incentives and service awards
- Paid time off
- 401(k) retirement savings programs
- Company-funded profit-sharing and safe harbor contributions towards retirement
- Tuition assistance
- And more
Check out our career opportunities and experience the JK difference.