by David Aronson | Jul 8, 2025 | Benefits, Differentiation, Employee Benefits, FAQ, Financial Wellbeing, Finding Talent, Human Capital, Human Resources, Insights, Plan Design, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Tax-free, Uncategorized
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...
by Joe Kwasniewski | Jul 1, 2025 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Government Relations, Human Capital, Human Resources, Insights, Press Room, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Tax-free
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...
by Joe Kwasniewski | Mar 20, 2025 | Benefits, Decisions, Employee Benefits, FAQ, Features, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment
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...
by Joe Kwasniewski | Dec 12, 2024 | Benefits, Decisions, Employee Benefits, FAQ, Human Capital, Human Resources, Insights, Plan Design, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Winning Together
This article was originally published by Voluntary Advantage in the December 2024 edition of the Voluntary Benefits Voice. To read the full publication, click here; this article appears on page 21-22. Just over a year ago, our CEO Dave Aronson had the opportunity to...
by Joe Kwasniewski | Nov 12, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Financial Wellbeing, Human Capital, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Debt, Student Loan Repayment
It has now been close to a year since the Secure Act 2.0 was approved and options were added for employers to tie their retirement plans to other programs like Student Loan Assistance. In our experience, this hasn’t been taken up as a common approach for employers....
by Joe Kwasniewski | Nov 12, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Features, Financial Wellbeing, Government Relations, Human Resources, Plan Design, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Nationwide, many individuals are utilizing the SAVE plan to lower monthly payments on their student loans and in their minds putting themselves in a better position financially. The SAVE plan is income-driven and payments are altered by each unique person’s earnings....