Woodruff Sawyer, one of the largest insurance brokerage and consulting firms in the US, today announced that its Retirement Plan Practice now offers solutions for managing student loan debt in partnership with FutureFuel.io. The offering is a pillar of Woodruff Sawyer’s My Money Matters Financial Coaching program, a comprehensive suite of financial wellness benefits through which business clients can attract, engage, and retain employees across every demographic and stage of life.
“The toll student debt takes on employees’ financial and mental wellbeing hurts performance, engagement, and retention,” said Kristina Keck, Vice President of Retirement Plan Services at Woodruff Sawyer. “Our partnership with FutureFuel.io enables our clients to meaningfully engage more of their workforce with a financial wellness benefit that reverses these negative impacts.”
“With 47.9 million Americans carrying student debt, student loan benefits are the most efficient way to retain and attract at scale,” added Laurel Taylor, CEO and founder of FutureFuel.io. “I’m thrilled to partner with Woodruff Sawyer to help more employers leverage holistic financial wellness in the workplace to drive value for both their businesses and their employees.”
FutureFuel.io offers the only technology platform that provides student debt solutions that span from personalized evaluation of optimized repayment paths to completing transactions associated with debt repayment. To date, FutureFuel.io has saved users over $70M and 3,463 years off of their debt. The company recently completed a Series A1 round of equity funding backed by leaders like UBS, Fiserv, Aflac and Salesforce
About Woodruff Sawyer
As one of the largest insurance brokerage and consulting firms in the US, Woodruff Sawyer protects the people and assets of more than 4,000 companies. We provide expert counsel and fierce advocacy to protect clients against their most critical risks in property and casualty, management liability, cyber liability, employee benefits, and personal wealth management. An active partner of Assurex Global and International Benefits Network, we provide expertise and customized solutions where clients need it, with headquarters in San Francisco, offices throughout the US, and global reach on six continents. For more information, call 844.972.6326, or visit woodruffsawyer.com.