[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

by | Sep 1, 2023 | Benefits, Differentiation, Employee Benefits, Financial Wellbeing, Finding Talent, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free

In a recent post from CNN Business, tax-free student loan assistance was highlighted as a high impact solution for combatting the return of federal student loan payments for borrowers nationwide in October. The article eludes to the fact that only 8% of employers...
[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

by | Aug 18, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Human Resources, Plan Design, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together

In a recent article from Bloomberg Law, the provisions in the SECURE Act 2.0 that will allow employers to treat student loan repayment like retirement plan deferrals were analyzed. The end result eluded to the fact that today’s workforce needs and prefers direct...
Nearly half of student loan borrowers have or will get their loans transferred this year

Nearly half of student loan borrowers have or will get their loans transferred this year

by | Aug 4, 2023 | Benefits, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Student Loan Assistance, Student Loan Debt

Since the beginning of 2022, student loan borrowers have consistently dealt with transfers to new loan providers, thanks to constant changes in the industry. According to a recent piece by pymnts.com and Google, these transfers have impacted nearly half of all...