Rise Credit.Com

Should Companies Assist Employees Pay Back Their Student Education Loans?

Posted by admin on April 22, 2020  /   Posted in Rise Credit.Com

There’s no income tax benefit, plus it’s quite difficult, many companies are providing loan-repayment as an advantage.

Every Fidelity Investments contributes exactly $167 apiece toward the student-loan payments of almost 9,000 of its employees month. The patchwork of companies that handle billing and other administrative functions for student loans in the United States, of which there are over $1.5 trillion outstanding in most cases, Fidelity can make a simple electronic transfer to student-loan servicers. Read More

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