Indiana the latest state to confirm it will tax student loan forgiveness [Axois]

by Vishuka Mathur | Sep 7, 2022 | Financial Planning, Financial Wellbeing, Government Relations, Insights, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

As the Biden administration sets out to implement its student loan forgiveness plan, Indiana became the latest state Tuesday to confirm that it will tax student loan forgiveness. Several states have indicated that residents could face a state tax on the balances...

How Biden’s Student-Debt Relief Plan Could Make Colleges More Expensive [Fortune]

by Vishuka Mathur | Sep 1, 2022 | Financial Planning, Government Relations, Student Loan Assistance, Student Loan Debt, Student Loan Repayment

After Biden announced his student loan relief plan, an economist explains how the new Income Driven Repayment (IDR) system plan will incentivize universities to increase tuition. Read the full article by Fortune here. Employers who help will reap the benefits of...

President Biden’s Student Loan Relief Plan: What Does It Mean For You?

by David Aronson | Aug 25, 2022 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Insights, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Uncategorized, Winning Together

***Updated December 7, 2022*** On Wednesday, August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. The three-part plan includes: $10,000 of potential debt reduction for federal loan borrowers and the payment holiday’s end (hereafter...

Guidelines for student loan assistance [NLR]

by Vishuka Mathur | Aug 3, 2022 | Employee Benefits, Financial Planning, Financial Wellbeing, Human Resources, Program Management, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Workplace diversity

The National Law Review (NLR) recently published its guidelines to help employers steer clear of legal obstacles some have encountered with student loan repayment and tuition reimbursement programs. The three key legal considerations for student loan assistance...

Don’t delay helping employees manage student debt

by Tatum Pugh | Jul 31, 2018 | Counseling, Financial Planning, Financial Wellbeing, Student Loan Debt

Did you know that 70 percent of people with student loans don’t know if they can pay less? Now they can. Peanut Butter has created a way to make offering Student Loan Assistance even easier, so that employers can begin making a difference for employees now. Our...

What is financial wellness and why is it Important to your employees?

by Carolyn Kick | Jun 26, 2018 | Financial Planning, Retaining Talent

The following is a guess post from Carolyn Kick, Marketing Manager at Launchways.   In today’s changing workforce, employers are reconsidering how they approach employee benefits. In the efforts to attract and retain top talent, companies are aiming to...