by Tatum Pugh | Dec 15, 2021 | Decisions, FAQ, Plan Design, Qualified Loans, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Curious to understand what types of loans qualify for student loan repayment? You’re in the right place. What types of loans qualify when the company offers a tax-free plan? Federal and private student loans qualify for tax-free contributions under a...
by Tatum Pugh | Jan 27, 2021 | In the Kitchen
Our company’s name is an homage to college grads everywhere, since so many eked by on peanut butter in an effort to save and pay for their college education. Now, those college grads are putting their degrees to work, and many are cooking at home more due to the...
by Tatum Pugh | Jan 27, 2021 | Press Room
Peanut Butter was featured in Buffalo Business First last week, following the recent passing of legislation that gave Peanut Butter’s core service, employer-sponsored student loan repayment, a big boost. As a result of the Consolidated Appropriations Act (H.R. 133,...
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...