02:36
Summer partners with employers to deliver tailored benefits that empower employees to save for education, better manage their student loans, find forgiveness options, and lower monthly payments.
Transcription:
What is Summer?
Summer is a company solving one of the biggest problems in the US today, which is the precipitous rise in college costs. This is something that employers care a lot about because they're recruiting talent out of universities and now 70% of people are graduating with student debt. And there is a whole host of employees that are now saving for college for their colleg...
Posted January 16, 2025
02:17
Highway is a third party provider of Section 127 education benefits: Student Loan Repayment and Tuition Reimbursement
Transcription:
What is Highway Benefits?
Highway Benefits is a third-party benefits administrator that helps companies set up 127 plans. As of 2020, the CARES Act expanded Section 127 to allow companies to contribute up to $5,250 directly and tax free into their employees student loans. Highway helps set up and administer this benefit by handling the transaction, the verification, and the compliance associated with these contributions.
How is Highway Benefits different?
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Posted October 2, 2024
