Decoding the OBBB: Permanent Tax-Free Treatment of Employer-Sponsored Student Loan Repayment

Decoding the OBBB: Permanent Tax-Free Treatment of Employer-Sponsored Student Loan Repayment

The OBBB has brought significant, permanent changes to federal student loans. For employers focused on college-educated talent, the biggest impact is the permanent tax-free status for employer student loan assistance. Employers have long found high ROI offering this...
Opportunity Now: Student Loan Repayment is PERMANENTLY Tax-Free Under the OBBB

Opportunity Now: Student Loan Repayment is PERMANENTLY Tax-Free Under the OBBB

For ten years, Peanut Butter has helped employers offer impactful student loan assistance programs, recognizing the financial strain of student debt. As you know from our recent posts, employers consistently report a high ROI on this benefit, even when offered on a...
Legislative Update Confirms What Leading Employers Already Know

Legislative Update Confirms What Leading Employers Already Know

Recent legislative updates, including a Senate version of H.R. 1 that mirrors the House bill we recently wrote about, continue to point toward a permanent extension of tax-free employer student loan contributions. This progress is welcome, but it simply reinforces a...
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?

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...
Peanut Butter Insights: How many of your employees have student loans?

Peanut Butter Insights: How many of your employees have student loans?

One of the most common questions we get from employers during discussions regarding Student Loan Assistance is, ‘How many of my employees likely have student debt?’ This post breaks down our answer to that question and the expectation employers should have...
Peanut Butter Insights: Are company contributions applied to employees’ principal balance?

Peanut Butter Insights: Are company contributions applied to employees’ principal balance?

One question that comes up during meetings with clients and prospects is, if we choose to offer Student Loan Repayment are company contributions applied toward our employees’ principal balance? To answer that question. Employer-sponsored contributions are...