RISLA’s division of Employer Student Loan Repayment administers this new, innovative, highly impactful employee benefit. Employer Student Loan Repayment shows your employees you appreciate and value their contribution and is a benefit companies utilize to attract and retain. The benefit is offered through the CARES Act stating that employers can help their employees repay their student loans - up to $5,250 annually and it is a tax-free benefit to the employee. RISLA works with companies nationwide, has no startup costs, and no minimums to administer this benefit for a workforce struggling with student loan debt.
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