Why is the company called Peanut Butter?
Thanks for asking…oh, and you have asked. Sometimes it’s “Peanut Butter [eyebrow raised, grinning]?”, or “so I have to ask, why Peanut Butter?” or even [ring, ring] “I know we just spoke, but I really wanted to ask,...
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...
Paying off student loans ranks high on list of accomplishments for 25-34 year-olds
Just getting your career started? Which accomplishments are most important to you? If the image of owning a home with a two-car garage doesn’t immediately pop into your head, you’re not alone. A new survey found that while adults ages 25 to 34 indeed...
How to get executive approval for a Student Loan Assistance program
It’s mid-November, you’ve done your research for this year’s benefits and you’ve decided that you want to offer Student Loan Assistance to your employees come the first of the New Year. That’s great! However, you quickly realize that you...
What’s in your toolkit? Employee Enrollment Example
All Peanut Butter clients receive an administration and communications toolkit full of resources to help them make the most of their student loan assistance program. This blog series “What’s in your toolkit?” is designed to help employers discover and understand the...![Guidelines for student loan assistance [NLR]](https://www.getpeanutbutter.com/wp-content/uploads/2020/11/coding-team-working-on-laptops-1080x675.jpg)
Guidelines for student loan assistance [NLR]
The National Law Review (NLR) recently published its guidelines to help employers steer clear of legal obstacles some have encountered with student loan repayment and tuition reimbursement programs. The three key legal considerations for student loan assistance...
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How exactly are taxes treated for student loan repayment?
Good news: employer-sponsored student loan repayment contributions are tax deductible. An easy way to think of student loan repayment is to consider it like compensation. That means employers can deduct their contributions as a business expense like they do with...