by Tatum Pugh | Jan 27, 2021 | Tax-free
Here’s why now is the best time to contribute to the repayment of employee student debt. In one of his first moves in the Oval Office, President Joe Biden signed an executive order extending the payment holiday for federal student loan borrowers until at least Oct. 1,...
by Tatum Pugh | Jan 6, 2021 | Tax-free
Employers may now offer Student Loan Repayment tax-free for years to come. 2020 is finally behind us. And as we enter 2021, more employers than ever before will be offering Student Loan Repayment in an effort to attract, retain and engage a talented workforce in the...
by Tatum Pugh | Dec 14, 2020 | Tax-free
Earlier this year, the CARES Act authorized employers to make tax-free contributions to student loans for the first time in history. Under the legislation, employers that adopted a section 127 educational assistance plan could exclude contributions to student loans...
by Tatum Pugh | Nov 19, 2020 | Tax-free
Earlier this year, the CARES Act authorized employers to make tax-free contributions to student loans for the first time in history. Under the legislation, employers that adopted a section 127 educational assistance plan, could exclude contributions to student loans...
by Tatum Pugh | May 26, 2020 | Tax-free
Peanut Butter CEO David Aronson was featured as a subject matter expert last week on an episode of NFP’s Big Questions. Aronson was invited to speak about the CARES Act and how it offers specific relief for student debt borrowers, and creates an opportunity for...
by Tatum Pugh | Apr 21, 2020 | Tax-free
Signed into law on Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748, “CARES Act”, or “Stimulus Bill”), includes tax incentives when employers choose to offer Student Loan Repayment as a benefit. Under the CARES Act (H.R. 748,...