by Tatum Pugh | Sep 29, 2019 | Student Loan Assistance
We’re thrilled to support Instacart in its efforts to provide greater benefits to its 130,000+ contractor shoppers, including a Student Loan Assistance program administered by Peanut Butter. Instacart has been striving to improve its company’s benefits and...
by Joe Kwasniewski | Sep 1, 2023 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Human Resources, Recruiting, Student Loan Assistance, Student Loan Debt, Student Loan Repayment
In a recent article from PYMNTS, Student Loan Repayment was highlighted as a unique way for employers to attract talent. It was cited that nearly 70% of college graduates believe their student debt will influence career choices. It also highlights the fact that 3x...
by Andrew Bordewick | Aug 5, 2016 | Insights, Press Room
If you have student loan debt, you know the impact it has on your monthly take-home pay. When you’re contributing a car payment’s worth of money to your student loan servicer every month, that makes it pretty hard to actually buy a new car or save much...
by David Aronson | Feb 25, 2016 | Press Room
Howard Tullman described Peanut Butter as a simple, straightforward tool for employers to help employees solve their student loan problem. The real problem for new generations can’t be insurance or retirement when they are worried about food on a weekly basis....
by David Aronson | Mar 21, 2017 | Press Room
We were honored to be approached by Rosie Langello, a talented master’s degree candidate at Northwestern University’s prestigious Medill School of Journalism, to talk about how we make the peanut butter 🙂 Check out the two-minute video spot on Medill...
by Tatum Pugh | Dec 20, 2019 | Student Loan Debt
Whether you’re a soon-to-be grad or an employer looking to hire new talent, it’s never too early to prepare for graduation season. Statistically speaking, approximately 70% of college graduates have student loans. All things considered, now seems like a better time...
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 | Jul 31, 2018 | Counseling, Financial Planning, Financial Wellbeing, Student Loan Debt
Did you know that 70 percent of people with student loans don’t know if they can pay less? Now they can. Peanut Butter has created a way to make offering Student Loan Assistance even easier, so that employers can begin making a difference for employees now. Our...
by Philippe Melin | Mar 3, 2017 | Government Relations
Peanut Butter CEO David Aronson joined U.S. Reps. Rodney Davis (R-Ill.) and Scott Peters (D-Calif.) at a press conference to announce their bill, H.R. 795, the Employer Participation in Student Loan Assistance Act, to help address rising student debt. The proposed...
by Joe Kwasniewski | Oct 11, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, FAQ, Features, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Tax-free
In a recent statement from the IRS, an unnamed employer received access through a private letter ruling to defer 401k matching dollars to student loans through a Section 127 plan tax-free. Similar to the private letter ruling Abbott Labs received in 2018 to count...