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Developments in Peanut Butter’s efforts for federal legislation to make employer contributions to student loans tax advantaged
Federal legislators are working with Peanut Butter to develop and advance legislation that provides incentives to employers that assist workers with student debt. When Representative Robert Dold introduced his legislation at a press conference at Peanut Butter's...
Congress should make employer contributions to student loans tax advantaged
There are few things on which the political parties agree these days. It was, therefore, a rare moment of bipartisanship last month when Republican Rodney Davis of Illinois and Democrat Scott Peters of California joined together in the U.S. Capitol to introduce the...
Peanut Butter welcomes HELP for Students and Parents Act and celebrates momentum in Congress
Peanut Butter heralds the leadership of Congressmen Patrick Meehan (Republican form Pennsylvania) and Suzan DelBene (Democrat from Washington), both members of the U.S. House of Representatives' Ways and Means Committee, for introducing the bipartisan HELP for...
Northwestern Medill reports on Peanut Butter
We were honored to be approached by Rosie Langello, a talented master's degree candidate at Northwestern University's prestigious Medill School of Journalism, to talk about how we make the peanut butter 🙂 Check out the two-minute video spot on Medill Reports.
Medix fights student loans
2016 Best and Brightest Companies to Work for in the Nation Winner, Medix, launched their student loan assistance program in January 2017. Hear directly from both management and employees in this two-minute video. Want to get this type of engagement from your...
Peanut Butter joins U.S. Congressmen to announce bill to make student loan repayment tax advantaged
Peanut Butter CEO David Aronson joined U.S. Reps. Rodney Davis (R-Ill.) and Scott Peters (D-Calif.) at a press conference to announce their bill, H.R. 795, the Employer Participation in Student Loan Assistance Act, to help address rising student debt. The proposed...
Best of both worlds: Mirroring Plan lets employees pay down loans & save for retirement
UPDATE: Based on an IRS letter released August 2018, there is now additional plan design flexibility available for employers seeking to offer offer Student Loan Repayment in coordination with a retirement plan. Click Get Started below to discuss your Student Loan...
Student loan assistance will be a ubiquitous employee benefit in five years
After two years of building student loan assistance programs, supporting employers from coast to coast, I want to lay out my observations on where the market is, where it's going and what's driving growth. I believe that student loan assistance will be nearly...
How to design your student loan assistance program, part four: Funding your student loan assistance program
Everyone seems to be talking about student loan assistance as an employee benefit, but how exactly would this work at your company? So far in our four-part series we have covered estimating employee enrollment, defining the employer contribution amount and modeling...
How to design your student loan assistance program, part three: Making the business case for student loan assistance as an employee benefit
Everyone seems to be talking about student loan assistance as an employee benefit, but how exactly would this work at your company? So far in our four-part series, we have covered estimating employee enrollment and defining the employer contribution amount. Now it's...