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Tax break Proposed for Employers to Help Pay Student Loans

Workers with student-loan debt could benefit from legislation in Congress intended to encourage employers to help with debt repayments. Under the proposal, companies could contribute up to $5,250 each year, tax-free, toward payments on employees' student loans. See the video and article from CBS new (2/18) at this link.

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©2020 by Dr. Veronica Paz, CPA, CITP, CFF, CGMA