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 | Dec 15, 2021 | Decisions, FAQ, Plan Design, Qualified Loans, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Curious to understand what types of loans qualify for student loan repayment? You’re in the right place. What types of loans qualify when the company offers a tax-free plan? Federal and private student loans qualify for tax-free contributions under a...
by Tatum Pugh | Jun 13, 2019 | 529 Savings Plan, Benefits, Employee Benefits, Financial Wellbeing, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Smart organizations are considering Student Loan Assistance programs because they’re aware of the increasing student loan debt burden their employees face and they know it’s highly attractive for hiring and retaining talent with the right offering. If your...
by Tatum Pugh | Mar 27, 2019 | Built In, Chicago, Press Room, Recruiting, Retaining Talent, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Peanut Butter was listed by Built In Chicago as one of five local edtech companies having a positive impact on the lives of students and recent graduates. We’re in good company in this article and proud to be featured for helping Millennials pay down their...
by Tatum Pugh | Mar 27, 2019 | Plan Design, Student Loan Balance, Student Loan Debt, Student Loan Repayment
At Peanut Butter, we’re always looking for new ways for employers to make student loan repayment a fiscally advantageous benefit to offer employees. We also go to great lengths with our attorneys to understand IRS and tax laws so employers don’t find...