Month: July 2024

IRS Releases Education Assistance FAQs

IRS Releases Education Assistance FAQs

The IRS recently released a Fact Sheet to address frequently asked questions related to educational assistance programs offered under IRC Section 127. Programs offered under this section allow employees to receive a tax-exempt benefit while providing employers with a tax deduction. The IRS noted that this Fact Sheet should not...

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Secure 2.0 Student Loan Matching

Secure 2.0 Student Loan Matching

The SECURE Act 2.0 allows employers to match employee student loan payments with retirement plan contributions. This benefit aims to help employees burdened with student debt save for retirement. Plan sponsors can implement this benefit to improve recruiting and retention. However, employers must navigate several considerations and challenges to implement...

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  • RECERTIFICATION PROVIDER HRCI
  • Best of the Biz
  • 2024 Top-rated Employee Benefits
  • BCCC Business Excellence
  • SHRM RECERTIFICATION PROVIDER
  • Certified WBENC
  • CENTRE FOR FIDUCIARY EXCELLENCE
  • SOC TYPE