CARES ACT EMPLOYER LOAN REPAYMENT, FORBEARANCE EXTENSION, & FEDERAL STUDENT LOANS | Millennial Money



The impact of the CARES Act on employer student loan repayment programs and the impact of the extended federal student loan forbearance on federal student loans.


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#CARESAct #employerstudentloanrepayment #employerstudentloan #federalstudentloans #forbearanceextension


Sources:

https://www.keenan.com/Knowledge-Center/Blog/Details/cares-act-allows-employers-to-offer-student-loan-repayment

https://www.bradley.com/insights/publications/2020/06/how-to-provide-employees-up-to-5250-in-nontaxable-student-loan-repayment-assistance-this-year


The CARES Act and Employer Student Loan Contributions




https://www.irs.gov/forms-pubs/exclusion-for-certain-employer-payments-of-student-loans

https://www.ed.gov/news/press-releases/secretary-devos-extends-student-loan-forbearance-period-through-january-31-2021-response-covid-19-national-emergency

https://www.dol.gov/coronavirus/unemployment-insurance

https://www.calculatorsoup.com/calculators/financial/simple-interest-plus-principal-calculator.php#:~:text=Use%20this%20simple%20interest%20calculator%20to%20find%20A%2C%20the%20Final,the%20same%20units%20of%20time.

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