Category: Educational assistance

CARES Act Program Expands Scope of Educational Assistance Plans to Include Employer Student Loan Repayments | Hinshaw & Culbertson – Labor Law Observer

A new rule under the CARES Act could benefit employees with unpaid student loan debt, and even save employers money. The CARES Act broadened the scope of educational assistance programs under section 127 of the code to include student loan repayments. Under the previous law, this provision only allowed the exclusion from an employee’s income […]

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