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Federal Student-Debt Relief Raises Issues for Workplace Benefits
Society for Human Resource Management [SHRM]; membership may be required to view article Aug. 25, 2022 "The administration's action comes as employers are considering student debt assistance for the coming year as part of their employee benefits packages.... Through 2025, employers can continue to make contributions of up to $5,250 per employee annually toward eligible education expenses, such as tuition or student loan assistance, without raising the employee's gross taxable income. Advocates of tax-advantaged loan benefits are lobbying Congress to make this change permanent." |
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