Peanut Butter Insights: How do I know an eligible employee is making their monthly payment?

Peanut Butter Insights: How do I know an eligible employee is making their monthly payment?

by | Mar 20, 2025 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Features, Human Resources, Insights, Plan Design, Program Management, Qualified Loans, Student Loan Assistance, Student Loan Balance, Student Loan Repayment

Many times in discussions with existing and potential clients, a common question that comes up is regarding skin in the game for employees receiving a Student Loan Repayment benefit. Furthermore, how would they know an eligible employee is making their minimum monthly...
What should employers keep in mind when designing their Student Loan Assistance plans?

What should employers keep in mind when designing their Student Loan Assistance plans?

by | Dec 26, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, FAQ, Features, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment

When discussing the set-up of a Student Loan Assistance program with clients, there’s always a few recommendations we have for employers on what should be top of mind. In this post, we’ll outline these key elements in three rules of thumb. In our...
Is the SAVE Student Loan Repayment plan making a difference for your employees?

Is the SAVE Student Loan Repayment plan making a difference for your employees?

by | Nov 12, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Features, Financial Wellbeing, Government Relations, Human Resources, Plan Design, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

Nationwide, many individuals are utilizing the SAVE plan to lower monthly payments on their student loans and in their minds putting themselves in a better position financially. The SAVE plan is income-driven and payments are altered by each unique person’s earnings....
Supreme Court rebuffs Biden administration plea to restore multibillion-dollar student debt plan [AP News]

Supreme Court rebuffs Biden administration plea to restore multibillion-dollar student debt plan [AP News]

by | Oct 11, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Government Relations, Human Resources, Insights, Student Loan Assistance, Student Loan Repayment

White House attempts to relieve portions of student debt the US workforce faces have continued to get struck down by the Supreme Court. Alluding to the consistent verdict that no widespread forgiveness is coming for borrowers.  In a recent post from AP News, another...
Peanut Butter Insights: Do Employers Typically Cap Their Total Student Loan Contributions?

Peanut Butter Insights: Do Employers Typically Cap Their Total Student Loan Contributions?

by | 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...
Make a material difference for employees’ financial wellbeing through Student Loan Assistance

Make a material difference for employees’ financial wellbeing through Student Loan Assistance

by | Jun 19, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Insights, Student Loan Assistance, Student Loan Debt, Winning Together

Employees are asking for more from their employers in 2024. While common benefits like Healthcare, Retirement, and PTO have become industry standards. Other emerging benefits are now coming to the forefront to help improve financial wellness.  Student Loan Assistance...