Expert Insights into Taxation for Student Loan Repayment and 401(k) Programs

Fueled by a tight labor market, which shows no sign of letting up, interest in employer-sponsored student loan repayment benefits remains extremely high.  Yet many companies are still struggling to understand taxation issues for these programs, even with the recent Private Letter Ruling issued to Abbott.

Bright Horizons has engaged with employment law attorneys at Bass, Berry & Sims to provide answers to many of those questions.  Download the briefing document here to learn more about

  • current regulations regarding taxation for employer contributions toward student loan repayments,
  • the intersection with 401(k) programs,
  • what the IRS Private Letter Ruling means for your own organization, and 
  • alternative approaches for providing student loan assistance programs to your employees.