by David Aronson | Feb 20, 2017 | Insights
UPDATE: Based on an IRS letter released August 2018, there is now additional plan design flexibility available for employers seeking to offer offer Student Loan Repayment in coordination with a retirement plan. Click Get Started below to discuss your Student Loan...
by Vishuka Mathur | Oct 17, 2022 | Government Relations, Student Loan Debt
In late August 2022, President Biden announced a Student Debt Relief Plan that would provide eligible borrowers with full or partial discharge of up to $10,000 in student debt, and up to $20,000 for Federal Pell Grant recipients. Eligible borrowers may now apply for...
by Philippe Melin | Aug 7, 2017 | Government Relations
Momentum continues to build in Congress for legislation that can help millions of workers with student debt and their employers. Congressman Rodney Davis reported to us that he and his partners have secured 91 co-sponsors to The Employer Participation in Student Loan...
by Vishuka Mathur | Sep 7, 2022 | 529 Savings Plan, Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Features, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity
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...
![Guidelines for student loan assistance [NLR]](https://www.getpeanutbutter.com/wp-content/uploads/2020/11/coding-team-working-on-laptops-1080x675.jpg)
by Vishuka Mathur | Aug 3, 2022 | Employee Benefits, Financial Planning, Financial Wellbeing, Human Resources, Program Management, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Workplace diversity
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...
by David Aronson | Sep 27, 2017 | Insights
Research continues to show that student debt is delaying the American Dream. For employers, the opportunity to engage Millennial talent with a meaningful benefit that addresses their interests has never been so real. The National Association of Realtors and nonprofit...
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,...
![[US Senate] Multiple Senators Urge IRS to Promote Educational Assistance Programs](https://www.getpeanutbutter.com/wp-content/uploads/2020/06/shutterstock_126493766-1-1080x675.jpg)
by Joe Kwasniewski | Aug 4, 2023 | Employee Benefits, Employee Engagement, Financial Wellbeing, Plan Design, Program Management, Student Loan Assistance, Student Loan Debt, Student Loan Repayment
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...
by Tatum Pugh | Nov 3, 2016 | Press Room
Tech.Co recently covered how employers offer student loan repayment as a way to attract and retain talent. Peanut Butter founder and CEO Dave Aronson is featured throughout the article, speaking to the overall debt problem in America and how employers are in a unique...
by Tatum Pugh | Jan 27, 2021 | Press Room
Peanut Butter was featured in Buffalo Business First last week, following the recent passing of legislation that gave Peanut Butter’s core service, employer-sponsored student loan repayment, a big boost. As a result of the Consolidated Appropriations Act (H.R. 133,...
