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Friday, October 23, 2026Updated 15:22 UTC

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Your Employer Can Pay $5,250 a Year Toward Your Student Loans Tax-Free – Ask HR

Source: Money Crashers · Oct 23, 2026 13:15 UTC

Rolls of U.S. dimes and nickels in paper coin wrappers — File photo dmuth / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Ask HR whether your company has an educational assistance plan that covers student loan payments. Through one, the company can put $5,250 a year toward your loans, and you owe no federal income or payroll tax on that money. If there’s no plan, ask for one. Source

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