by Joe Kwasniewski | Sep 14, 2023 | Benefits, Financial Wellbeing, Student Loan Assistance, Student Loan Repayment, Tax-free
Today, on September 14th of 2023, we attended the IRS-hosted webinar ‘Qualified Education Assistance Programs’, which focused on education and compliance surrounding tax-free educational assistance benefits. The webinar was called for by U.S. Senators Mark...
by Joe Kwasniewski | Sep 1, 2023 | Benefits, Differentiation, Employee Benefits, Financial Wellbeing, Finding Talent, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free
In a recent post from CNN Business, tax-free student loan assistance was highlighted as a high impact solution for combatting the return of federal student loan payments for borrowers nationwide in October. The article eludes to the fact that only 8% of employers...
by Tatum Pugh | Jan 27, 2021 | Tax-free
Here’s why now is the best time to contribute to the repayment of employee student debt. In one of his first moves in the Oval Office, President Joe Biden signed an executive order extending the payment holiday for federal student loan borrowers until at least Oct. 1,...
by Tatum Pugh | Jan 6, 2021 | Tax-free
Employers may now offer Student Loan Repayment tax-free for years to come. 2020 is finally behind us. And as we enter 2021, more employers than ever before will be offering Student Loan Repayment in an effort to attract, retain and engage a talented workforce in the...
by Tatum Pugh | Dec 14, 2020 | Tax-free
Earlier this year, the CARES Act authorized employers to make tax-free contributions to student loans for the first time in history. Under the legislation, employers that adopted a section 127 educational assistance plan could exclude contributions to student loans...
by Tatum Pugh | Nov 19, 2020 | Tax-free
Earlier this year, the CARES Act authorized employers to make tax-free contributions to student loans for the first time in history. Under the legislation, employers that adopted a section 127 educational assistance plan, could exclude contributions to student loans...