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McMill Building
125 S. 4th Street
Norfolk, NE 68701
Phone: 402-371-1160
Toll Free: 800-694-1160
Website: www.mcmill.info
QUESTION:
My company is thinking about offering a student loan repayment benefit for our employees. How does it work?
To protect your investment, define parameters such as eligibility, reimbursement limits and consider implementing retention agreements to require employees to stay with the company for a period after receiving benefits. Also, ensure that you reimburse for education related to your company goals. Consult your tax pro for guidance.
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