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For Employers

How it works

Loan Certify makes it simple for employers to offer 401(k) matching on student loan payments, helping employees grow their retirement savings without increasing salaries or adding administrative burdens.

And best of all? There’s no additional cost to your company unless you choose to sponsor employee subscriptions.

Why Use Loan Certify?

Zero cost to the employer

Employees pay for their own subscription unless you choose to cover it.

No extra work

We handle student loan verification and compliance updates automatically.

Seamless integration

Works with most existing HR and payroll systems.

Boost retention & recruitment

A valuable financial benefit that improves workforce well-being.

What are the steps?

Step 1: Employees Enroll & Verify Their Loans

What Employees Do:

  • Sign up for Loan Certify and submit basic loan details.
  • Upload a recent student loan statement for verification.

What Loan Certify Does:

  • Verifies the loan using AI-powered fraud detection.
  • Confirms eligibility based on SECURE 2.0 Act requirements.

Step 2: Employers Get Real-Time Certification Reports

What Employers Do:

  • Access the Employer Dashboard to see which employees are certified for 401(k) matching.
  • Review employee reports, which include the annual matching amount they are eligible for.

What Loan Certify Does:

  • Automatically generates a Loan Certification Document for each verified employee.
  • Sends updated reports whenever an employee’s eligibility changes (e.g., salary adjustments).

Step 3: Employers Submit Certifications for 401(k) Matching

What Employers Do:

  • Submit the Loan Certification Document to your 401(k) administrator to begin matching contributions.
  • (Optional) Let Loan Certify handle submission to your 401(k) administrator for a completely hands-off process.

What Loan Certify Does:

  • Supports employers with automated certification tracking.
  • Submits certifications directly to 401(k) administrators if requested.

Step 4: Employees Receive 401(k) Matching Contributions

What Employers Do:

  • Enjoy a high-impact benefit that costs nothing while boosting retention & engagement.

What Loan Certify Does:

  • Continuously monitors compliance to ensure employees remain eligible for matching.
  • Updates employer reports with new certifications as needed.
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Want to simplify the process for your entire team?

We offer bulk enrollment and discounted pricing if you choose to cover employee subscriptions. Our dedicated account management team will:

  • Set up a company profile for easy onboarding.
  • Automatically deliver Loan Certifications for all participating employees.
  • Ensure seamless compliance with HR and benefits teams.

Are you or your company missing out on 401(k) matching?

Start turning student loan payments into retirement savings. Employees enroll now—employers, let’s get your team set up!

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