Understanding Student Loan Benefits: 401(k) Links, Taxes, and More - Webinar
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.
Drawing on the legal expertise of attorneys at Bass, Berry & Sims, along with Bright Horizons’ own experience in designing and managing loan repayment benefits for Fortune 100 clients, this webinar will cover:
- Current regulations regarding taxation for employer contributions toward student loan repayments
- What the IRS Private Letter Ruling means for your own organization
- Business considerations and alternative approaches for companies assessing student loan assistance programs for their employees