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Help your employees save for retirement AND pay off their student loans.

At ADP, empowering employees to save for retirement while improving their financial wellness is our primary focus. That’s why we're offering a financial wellness solution that helps your employees pay down their student loan debt and save for retirement - at the same time.

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60%

... of workers with student loan debt are actively looking to leave their jobs.1

Desktop screenshot of employee timetable and mobile view of new employee onboarding

Student Loan Assistance

... is one of the fastest growing employee benefits.2

A financial wellness solution that will help attract and retain talent

ADP teams up with Summer to be one of the first providers to offer student loan solutions for retirement plans. These programs can help employees pay down student debt and save for retirement. Here's how:

SUMMER SAVE

Student Loan Optimization Program FREE to all participants and plan sponsors.

  • Get personalized repayment strategies
  • Refinancing options available for student loans
  • Information on hundreds of student loan programs
  • Educational content and resources on student loans and saving for college

SUMMER SECURE

Student Loan Retirement Match solution is a low-cost feature that enables employers to match contributions for qualified student loan payments into your company's retirement plan.

  • Single sign on enrollment with the ADP mobile app
  • Participants can verify student loans and payments
  • Summer calculates total student loan payments so ADP can calculate the employer’s matching contribution

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Just a CLICK away

Full-time employees say that money worries have negatively impacted their productivity at work.3 Boost productivity and reduce stress by helping your employees address their financial concerns.

... of adults with student loans who say they delay key life milestones.4

Looking for a standout retirement benefit for your company? Let's talk.

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