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Insights and best practices on Student Loan Assistance

Financial stress affects your workplace more than you may think

With financial uncertainty continuing to grow, employers in every industry are faced with a grueling reality: financial stress in the workplace is real (and higher than ever before), and it comes with a hefty price tag. In 2019, 69% of employees admitted they were...

CARES Act creates opportunity for employers with Tax-Free Student Loan Repayment

Peanut Butter CEO David Aronson was featured as a subject matter expert last week on an episode of NFP’s Big Questions.  Aronson was invited to speak about the CARES Act and how it offers specific relief for student debt borrowers, and creates an opportunity for...

Tax-free Student Loan Repayment is here, and likely to stay

Signed into law on Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748, “CARES Act”, or “Stimulus Bill”), includes tax incentives when employers choose to offer Student Loan Repayment as a benefit. Under the CARES Act (H.R. 748,...

St. Michael’s Inc. Implements Student Loan Repayment Program

St. Michael’s Inc., a government contracting firm that provides financial management to defense and intelligence agencies throughout the U.S., recently announced their Student Loan Assistance Program with Peanut Butter.   By offering a Student Loan Repayment...

Briefing on tax-free Student Loan Repayment

How to attract, retain and engage college-educated workers   On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748, “CARES Act”, specifically Sec. 2206(B)) made it possible for companies to pay down their employees’ student loans...

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