by David Aronson | Aug 25, 2022 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Insights, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Uncategorized, Winning Together
***Updated December 7, 2022*** On Wednesday, August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. The three-part plan includes: $10,000 of potential debt reduction for federal loan borrowers and the payment holiday’s end (hereafter...
by Tatum Pugh | Dec 15, 2021 | Decisions, FAQ, Plan Design, Qualified Loans, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Our clients and prospects often ask if student loans in a parent’s name are still eligible to participate in Student Loan Repayment plans. This can be a common occurrence today, where parents are trying to help shoulder the burden of their kids’ debt from...
by Tatum Pugh | Jun 13, 2019 | 529 Savings Plan, Benefits, Employee Benefits, Financial Wellbeing, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Smart organizations are considering Student Loan Assistance programs because they’re aware of the increasing student loan debt burden their employees face and they know it’s highly attractive for hiring and retaining talent with the right offering. If your...
by Tatum Pugh | Mar 27, 2019 | Built In, Chicago, Press Room, Recruiting, Retaining Talent, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Peanut Butter was listed by Built In Chicago as one of five local edtech companies having a positive impact on the lives of students and recent graduates. We’re in good company in this article and proud to be featured for helping Millennials pay down their...
by Tatum Pugh | Mar 27, 2019 | Plan Design, Student Loan Balance, Student Loan Debt, Student Loan Repayment
At Peanut Butter, we’re always looking for new ways for employers to make student loan repayment a fiscally advantageous benefit to offer employees. We also go to great lengths with our attorneys to understand IRS and tax laws so employers don’t find...