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Little used tax-free benefit can help employees pay their student loans

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cnn.com/2023/08/29/success/tax-free-money-to-pay-down-student-loans-employers/index.html

As borrowers prepare to resume paying their federal student loans in the coming weeks, the IRS is reminding employers that they can help by offering workers up to $5,250 tax free as part of their educational assistance benefits.
That $5,250 is the federal cap on the amount of tax-free money that employers may offer to help defray employees’ qualified costs for their own…

This story from cnn.com was posted on 2023-08-29 by @moonray.

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