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...
![[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not](https://www.getpeanutbutter.com/wp-content/uploads/2018/09/shutterstock_653330692-1080x675.jpg)
by Joe Kwasniewski | Sep 1, 2023 | Benefits, Differentiation, Employee Benefits, Financial Wellbeing, Finding Talent, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free
In a recent post from CNN Business, tax-free student loan assistance was highlighted as a high impact solution for combatting the return of federal student loan payments for borrowers nationwide in October. The article eludes to the fact that only 8% of employers...
by Joe Kwasniewski | Sep 14, 2023 | Benefits, Financial Wellbeing, Student Loan Assistance, Student Loan Repayment, Tax-free
Today, on September 14th of 2023, we attended the IRS-hosted webinar ‘Qualified Education Assistance Programs’, which focused on education and compliance surrounding tax-free educational assistance benefits. The webinar was called for by U.S. Senators Mark...
by David Aronson | Feb 15, 2016 | Insights, Press Room
Peanut Butter Millennial Benefit Study helps to understand how employers can create valuable benefits package for the biggest part of US workforce. HR.com and Peanut Butter CEO David Aronson covered the main points of the study in a recent article. Click here to read...
by Tatum Pugh | Sep 15, 2019
Terms of Use Peanut Butter Inc Terms of Use Last updated: June 28, 2024 DO NOT ACCEPT THESE TERMS OF USE, WHICH CONSTITUTE A LEGALLY BIND CONTRACT, BEFORE YOU READ THE ENTIRE DOCUMENT. Services Peanut Butter, Inc. (“Peanut Butter”) provides certain...
by Tatum Pugh | Aug 7, 2019
by Tatum Pugh | Sep 28, 2020
by Tatum Pugh | Aug 25, 2020 | Program Management
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 βWhatβs in your toolkit?β is designed to help employers discover and understand the...
by Joe Kwasniewski | May 13, 2024 | Benefits, Employee Benefits, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Winning Together
In 2024, 43 million Americans hold student debt for 1.7 trillion dollars outstanding. That means the average student loan borrower has close to $40,000 still to pay off on their debt. A daunting number for most, and student debt’s impact is still continuing to...
by Tatum Pugh | Jun 20, 2019 | Benefits, Employee Benefits, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment
If you’re an employer who is offering or considering offering Student Loan Assistance as a benefit to your employees, these five tips will help you create buzz in your organization (and community) and generate employee excitement. The first consideration...
