by Joe Kwasniewski | Oct 11, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Financial Wellbeing, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Tax-free
First through the CARES Act in 2020, then the Consolidated Appropriations Act of 2021, and now through an in progress bipartisan bill in 2024. Tax-free Student Loan Assistance is once again making a statement to remain an option for employers looking to stand out in...
by Joe Kwasniewski | Oct 4, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, FAQ, Features, Financial Wellbeing, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment
In our discussions with potential clients, employers commonly ask about lifetime maximum caps on their student loan contributions for employees. Hoping to draw comparisons to other benefits. In this post, we’ll describe the best practices surrounding this concept. In...
by Joe Kwasniewski | Jul 22, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Financial Wellbeing, Human Resources, Insights, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Winning Together
As more and more college graduates enter the workforce, the ever growing total in student debt the U.S. population faces continues to increase. Combined with that also pairs the fact that wages aren’t keeping up with this debt, and the inflation our country is faced...
by Joe Kwasniewski | Jul 3, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Features, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together
Working with nearly a thousand clients nationwide, we’ve grown as experts in eligibility criteria employers most commonly use when offering Student Loan Assistance to employees. On the flip side, we’ve also observed eligibility criteria employers should avoid. We...
by Joe Kwasniewski | May 13, 2024 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment
Conceptually, there’s many ideas surrounding the right route for a successful Student Loan Assistance program launch. When considering this new benefit, it’s important for employers to understand what works. In a recent article from Indeed, three key requirements were...
by Joe Kwasniewski | May 13, 2024 | 529 Savings Plan, Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free, Workplace diversity
Employers have continued to explore a wide array of benefits, especially as the war for top talent has continued to become increasingly more difficult. 529 college savings plans are one option employers consider for a few reasons. For one, to create a commonplace for...
