Q1. What is an educational assistance program? A1. An educational assistance program is a separate written plan of an employer for the exclusive benefit of its employees to provide employees with ...

On June 17, 2024, the IRS issued a fact sheet (FS 2024-22) that provides answers to frequently asked questions (“FAQs”) about educational assistance programs under Section 127 of the Internal Revenue ...

On June 17, 2024, the IRS issued Fact Sheet 2024-22, which includes nine FAQs about educational assistance programs. The Fact Sheet also links to a sample program document for employers. As background ...

Section 127 allows employers to pay employees up to $5,250 tax-free for educational assistance, including (for now) repaying student loan debt. This week, the IRS updated its FAQs focused on the ...

Student debt has more than doubled over the last two decades, affecting millions of U.S. employees. As a result, an increasing number of employers are considering offering educational assistance ...

An update to HR Policy 319: Educational Assistance Program expanding the program’s eligibly went into effect this month, and two more HR policies will soon be updated in the UAB Policies and ...

Navy-Marine Corps Relief Society (NMCRS) is pleased to announce its Education Assistance program is now accepting grant and ...

The fact sheet contains frequently asked questions pertaining to Section 127 of the Tax Code, which allows taxpayers to exclude certain educational assistance benefits from their gross income if ...