Opportunity Now: Student Loan Repayment is PERMANENTLY Tax-Free Under the OBBB

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

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

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...
What should employers keep in mind when designing their Student Loan Assistance plans?

What should employers keep in mind when designing their Student Loan Assistance plans?

When discussing the set-up of a Student Loan Assistance program with clients, there’s always a few recommendations we have for employers on what should be top of mind. In this post, we’ll outline these key elements in three rules of thumb. In our...
Are employees’ spouses or family members able to participate in a Student Loan Repayment program?

Are employees’ spouses or family members able to participate in a Student Loan Repayment program?

When meeting with potential clients and partners, one of the common questions we get on program best practices surrounds spouse and family member participation. To answer this question, no, an employee must be listed as the primary borrower on the student loan in...