![Indiana the latest state to confirm it will tax student loan forgiveness [Axois]](https://www.getpeanutbutter.com/wp-content/uploads/2020/10/shutterstock_585387518-1080x675.jpg)
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...
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...
by Tatum Pugh | Sep 29, 2020 | 529 Savings Plan, Insights, Retaining Talent
Smart organizations include Student Loan Assistance in their benefits packages because they’re aware of the increasing student loan debt burden their employees face and they know it’s an effective tool for hiring and retaining top college-educated talent. If your...
by Tatum Pugh | Sep 17, 2020 | Insights
Whether you have student loans or not, understanding the terminology surrounding student debt is easier said than done. That’s part of the reason why Peanut Butter exists — to make it easy to tackle student debt! Many people find it particularly challenging to...
by Tatum Pugh | Jan 22, 2019 | Decisions, Financial Wellbeing, Insights, Student Loan Debt
Student loans can be hard to understand and often times borrowers can be unclear on the exact differences between various types of loans. However, it’s extremely important that borrowers continue to seek out additional understanding in order to make the...
by Jon Mollenhauer | Sep 21, 2018 | Differentiation, Financial Wellbeing, Insights, Student Loan Repayment, Winning Together
In August, the IRS issued a groundbreaking ruling that could affect the tax treatment of employers’ student loan repayment contributions. We can help you understand what the ruling means, how to explain it to your stakeholders and how companies can act on it to...
