BenefitEd now offers a tuition benefit, in addition to an already comprehensive suite of education benefit products.
Updated: August 25, 2022 The Biden administration has extended the administrative forbearance on federal student loans until December 31, 2022.
As many of you know, The CARES Act from March 2020, made employer contributions to student loans tax-free by including student loan repayment benefits into Section 127 Educational Assistance Benefits.
Employees want benefits that will reward their hard work and help them achieve their goals, and the healthcare industry is no exception.
When one electronic manufacturing company found themselves in need of a new recruiting and retention strategy, they found exactly what they needed with BenefitEd’s Employer-Assisted Student Loan Repayment benefit.
CARES Act Student Loan Benefit FAQ The passing of the CARES Act, specifically the amendment to Section 127 of the Internal Revenue Code, allows tax-free employer contributions toward employee student loans for both federal and state purposes for the remainder of 2020.
As the 2020 election heats up, candidates voice their proposed plans for dealing with the 44 million borrowers who owe $1.
Employees are financially stressed.
Many student loan borrowers are struggling to repay their debts, and it’s affecting their daily lives.
The war for talented employees remains a top priority for employers.
Nearly 70% of college students with bachelor’s degrees graduate with student loans.
Despite offering hiring bonuses, referral rewards, and benefits and perks, healthcare organizations still struggle to find and keep talented employees.