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Insights and best practices on Student Loan Assistance
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Nonprofit Employers: This Is Your Chance to Help Employees Conquer Student Debt
Changes continue to get announced for borrowers enrolled in the former SAVE plan, bringing fiscal responsibility back to individuals holding these loans. For the millions of borrowers enrolled in this plan, deemed illegal in US courts, interest will begin accruing on...

Your Strategic Advantage: Tax-Free Student Loan Repayment Now Permanent
To Our Valued Clients, This communication serves to inform you of a significant development that further enhances the value of the student loan repayment benefit you are already providing: the recent passage of the One Big Beautiful Bill (OBBB). This legislation has...

Decoding the OBBB: Permanent Tax-Free Treatment of Employer-Sponsored Student Loan Repayment
The OBBB has brought significant, permanent changes to federal student loans. For employers focused on college-educated talent, the biggest impact is the permanent tax-free status for employer student loan assistance. Employers have long found high ROI offering this...

Opportunity Now: Student Loan Repayment is PERMANENTLY Tax-Free Under the OBBB
For ten years, Peanut Butter has helped employers offer impactful student loan assistance programs, recognizing the financial strain of student debt. As you know from our recent posts, employers consistently report a high ROI on this benefit, even when offered on a...

Legislative Update Confirms What Leading Employers Already Know
Recent legislative updates, including a Senate version of H.R. 1 that mirrors the House bill we recently wrote about, continue to point toward a permanent extension of tax-free employer student loan contributions. This progress is welcome, but it simply reinforces a...

The Future of Student Loan Benefits is Bright: Why Employers Can Plan with Confidence
As an employer, you're always looking for benefits that are not just trendy, but have lasting power to attract and retain top talent. Student Loan Assistance is one of those benefits. But with the provision for tax-free contributions currently set to expire on...

Peanut Butter Insights: How do I know an eligible employee is making their monthly payment?
Many times in discussions with existing and potential clients, a common question that comes up is regarding skin in the game for employees receiving a Student Loan Repayment benefit. Furthermore, how would they know an eligible employee is making their minimum monthly...

Peanut Butter Insights: How many of your employees have student loans?
One of the most common questions we get from employers during discussions regarding Student Loan Assistance is, 'How many of my employees likely have student debt?' This post breaks down our answer to that question and the expectation employers should have from a...

Peanut Butter Insights: Are company contributions applied to employees’ principal balance?
One question that comes up during meetings with clients and prospects is, if we choose to offer Student Loan Repayment are company contributions applied toward our employees' principal balance? To answer that question. Employer-sponsored contributions are applied...

Peanut Butter Insights: Should employers conduct enrollment at the same time as their health plan enrollment?
During our discussions with potential clients. A common question that comes up is when employers should offer Student Loan Assistance during the calendar year, and should this timeline align with their health plan open enrollment? What we've found, is that it is often...