What you need to know
The Student Loan 401(k) Match Program can qualify you for the Workday 401(k) match through qualifying student loan payments. Guess you just got schooled!
Score some retirement savings
Don’t sweat it if you can’t swing saving for retirement at the same time you’re paying off your student loans. The Student Loan 401(k) Match Program is a perfect solution.
As long as you’re enrolled in the program, contributing 6% of your salary between your student loans and your 401(k) qualifies you for the full Workday 401(k) match. You'll also get credit for a Workday match if you contribute anything between your student loans and your 401(k). Every little bit helps, even if 6% isn't possible for you right now.
All you need to do is sign up with Fidelity. At the end of each year, Fidelity will tally up all your student loan payments from that year. Then, in January of the next year, Workday will make a corresponding true-up contribution to your 401(k).