Different Strokes
Legislative and Judicial Actions
Public Student Loan Forgiveness Program Available to More Employees
Nonprofits that are affiliated with religious organizations should be informed of new regulations.
Congress Extends Student Loan Repayment Provision to 2025
Employers will be allowed to make tax-free contributions of up to $5,250 per employee annually toward eligible education expenses, including tuition or student loan assistance.
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
AIG Retirement Services Announces Student Debt Help for Employees
It has engaged Savi to provide nonprofit and public service employees with an online tool to navigate government loan forgiveness programs.
Voya Announces Availability of Student Loan Debt Benefits
Through a partnership with Vault, employers have three core offerings from which to choose.
MassMutual Adds More Student Loan Repayment Help to Financial Wellness Tool
A refinancing program provided through CommonBond is available to people who have access to MassMutual’s retirement plans, voluntary benefits or both.
Senator Introduces Bill to Encourage Faster Student Debt Payoff
HELPER Act would allow Americans to annually take up to $5,250 from a 401(k), 403(b), 457 plan or IRA—tax and penalty free—to pay for college or pay back student loans.