by David Aronson | Oct 4, 2017 | Financial Wellbeing, Press Room, Winning Together
Peanut Butter kicked off a new strategic partnership with LifeWorks today. LifeWorks will include Peanut Butter’s Student Loan Assistance in its Employee Assistance Program (EAP), the world’s leading EAP that is at the core of the first total well-being...
by David Aronson | Sep 27, 2017 | Insights
Research continues to show that student debt is delaying the American Dream. For employers, the opportunity to engage Millennial talent with a meaningful benefit that addresses their interests has never been so real. The National Association of Realtors and nonprofit...
by David Aronson | Sep 27, 2017 | Insights
Employee Benefit News (EBN) recently reported on the successful deployment of student loan assistance at Rise Interactive. Rise is an award winning digital marketing agency and Nicole Skaluba is the company’s head of people. In the article, Nicole talks about...
by David Aronson | Sep 25, 2017 | Press Room
Earlier this summer, we were fortunate to be selected to participate in the BMO-Harris 1871 Fintech Partnership Program along with five other impressive companies. The program afforded us the opportunity to work with an incredible team of BMO leaders to explore ways...
by David Aronson | Sep 20, 2017 | Insights, Press Room
I recently had the honor of leading a session at the EBN Benefits Forum & Expo along with Nicole Skaluba, head of People at Rise Interactive. Our presentation covered: America’s student debt challenge and why companies are choosing to offer Student Loan...
by David Aronson | Sep 17, 2017 | Press Room
…mine included. Valparaiso University recently wrote a piece about how my college experience and years of work thereafter led to the founding of Peanut Butter. It was an honor to be featured on Valpo’s home page, and even more so, to read the kind words...
by David Aronson | Sep 17, 2017 | Press Room
Voting is now open for the People’s Choice Award for the 2017 Chicago Innovation Awards! Hint: you’ll find Peanut Butter in section #9: Human Resources & Legal. This year, 530 companies were nominated, and for the second year in a row, Peanut Butter...
by Philippe Melin | Aug 19, 2017 | Government Relations, Winning Together
Illinois Congressman Danny Davis visited Peanut Butter to learn about our efforts to help employers offer Student Loan Assistance. Peanut Butter CEO David Aronson led off our event by introducing how Peanut Butter is helping leading employers across the country offer...
by David Aronson | Aug 15, 2017 | Financial Wellbeing, Winning Together
1871 is America’s number one technology incubator. The organization has changed the game for technology innovation as a launchpad for new companies and a connecting web for ideas that are prompted into action between startups, leaders in business, government and...
by David Aronson | Aug 15, 2017 | Press Room
Plan design drives success in all employee benefits. Participants at this year’s EBN Benefits Forum & Expo in Boca Raton, Florida, will learn about the right questions to ask, and the benchmarks to know, in order to design a Student Loan Assistance program...
by David Aronson | Aug 15, 2017 | Press Room
One of North America’s largest financial institutions has selected Peanut Butter for its exclusive FinTech partnership program. BMO Harris, a division of Bank of Montreal, holds more than $500 billion in assets and operates one of the largest commercial and...
by Philippe Melin | Aug 7, 2017 | Government Relations
Momentum continues to build in Congress for legislation that can help millions of workers with student debt and their employers. Congressman Rodney Davis reported to us that he and his partners have secured 91 co-sponsors to The Employer Participation in Student Loan...
by Tatum Pugh | Jun 25, 2017 | Press Room
Peanut Butter was one of just 13 companies to participate in Google’s annual Demo Day, an event that brings a diverse group of startups to Silicon Valley to showcase their technology and meet investors and mentors. Peanut Butter was hand-picked by Google based...
by Tatum Pugh | Jun 25, 2017 | Press Room, Winning Together
This article was written by Neil Steinberg and originally appeared in the Chicago Sun Times Rise Interactive, a Chicago-based digital marketing firm, was quizzing its employees two years ago, making sure they were happy with their perks. “We were doing our...
by Tatum Pugh | Jun 25, 2017 | Press Room, Winning Together
Peanut Butter was featured on CBS 2 Chicago as a “hidden treasue” among employee benefits. Hear from CEO David Aronson and client employee Emily Sloan from Medix in this CBS News segment. Check out the full video here. ...
by David Aronson | Jun 5, 2017 | Insights
For most employers, there is no need to implement a holding period. Student Loan Assistance is a strong recruiting tool and the impact is maximized if newly hired employees start receiving employer contributions from day one. There are of course exceptions to the...
by David Aronson | May 17, 2017 | Insights
Good news: employer-sponsored student loan repayment contributions are tax deductible. An easy way to think of student loan repayment is to consider it like compensation. That means employers can deduct their contributions as a business expense like they do with...
by David Aronson | May 9, 2017 | Insights
While this may seem like a value-add service to some, the reality is that your employees don’t need this, it creates unnecessary complexity for your program and in some cases may introduce financial liability. Though technically possible, we advise employers to...
by David Aronson | May 4, 2017 | Insights
Clawback provisions are common with tuition reimbursement, so this question comes up a lot. Because of some key differences in how we administer student loan repayment, there is usually not a need to have this type of provision attached to your program. Employer...
by Philippe Melin | Apr 27, 2017 | Government Relations
National student Loan debt is $1.4 trillion with an 11.2 percent delinquency rate. Studies show that the American dream is delayed for many young workers relative to previous generations because of student debt: home purchasing is delayed; retirement savings is...