Employers can now provide up to $5,250 per year in tax-free student loan repayment assistance for employees, and there are a number of reasons why this is a win/win for both employers and employees.

For instance, employers who offer student loan repayment assistance can do so tax-free up to the $5,250 limit. Plus, offering these benefits may help recruit, engage and retain employees.

As the Trump administration allows garnishing wages of borrowers in default, experts say student loan benefits are a business ...

If your employer offers student loan repayment assistance, here are three takeaways from the Consumer Financial Protection Bureau's report that can help you maximize the value of this benefit.

The legislation included “a provision that tacked on to the educational assistance program the ability to provide direct benefits for student loan repayments,” he adds. “An employer who already has an ...

Did you know your employer could make tax-free contributions to your student loan debt over the next few years? Here’s how.

Student loan repayment assistance is now becoming a priority for many employers because of the looming expiration of federal student loan forbearance enacted during Covid-19.

Domenic Locapo’s company started offering student loan repayment in 2016. At the time, Locapo had about $6,000 left to pay on the $40,000 worth of student loans he took out to pay tuition at ...

For instance, employers who offer student loan repayment assistance can do so tax-free up to the $5,250 limit. Offering these benefits may also help recruit, engage and retain employees.

In 2019, 8 percent of employers provided student loan repayment assistance, up from 4 percent in 2018 and 3 percent in 2015. By 2021, SHRM expects a third of all U.S. employers to offer some form ...

Employer student loan repayment programs can help workers pay off their education debt, in addition to helping businesses ...

Employer student loan assistance programs can differ, depending on a company’s internal rules and policies. For example, some programs require that employees contribute money to their company ...