[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

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...
[US Senate] Multiple Senators Urge IRS to Promote Educational Assistance Programs

[US Senate] Multiple Senators Urge IRS to Promote Educational Assistance Programs

In a recent post on the senate’s government website, senators Mark Warner (D-VA), and John Thune (R-SD) urged the IRS to promote educational assistance programs like Student Loan Repayment. The piece highlights the 2020 legislation allowing employers to offer the...
Reminder: Student loan holiday ending in 2023

Reminder: Student loan holiday ending in 2023

On August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. Click here to learn what the three-part plan includes and what this could mean for you. Starting mid-2023 student loan servicers are expected to resume the monthly collection of...
Why Your Company Should Offer Student Loan Repayment

Why Your Company Should Offer Student Loan Repayment

Americans hold nearly $1.75 trillion in student debt. In today’s workforce, employers are reconsidering how they approach employee benefits. In the efforts to attract and retain top talent, companies are aiming to create more appealing benefit programs. They’re...
Student Loan Assistance Programs With Peanut Butter

Student Loan Assistance Programs With Peanut Butter

With the average student debt borrower holding $31.4K in student loans, it’s no surprise that it’s a leading cause of financial stress for employees. The good news is that employers can help by offering one of Peanut Butter’s Student Loan Assistance programs. Below is...