Understanding Student Loan Benefits:
401(k) Links, Taxes, and More
Date: Thursday, November 29, 2018
Time: 2:00 PM EDT
Fueled by a tight labor market, which shows no sign of letting up, interest in employer-sponsored student loan repayment benefits remains extremely high. Yet many companies are still struggling to understand taxation issues for these programs, even with the recent Private Letter Ruling issued to Abbott.
Drawing on the legal expertise of attorneys at Bass, Berry & Sims, along with Bright Horizons’ own experience in designing and managing loan repayment benefits for Fortune 100 clients, this webinar will cover:
- Current regulations regarding taxation for employer contributions toward student loan repayments
- What the IRS Private Letter Ruling means for your own organization
- Business considerations and alternative approaches for companies assessing student loan assistance programs for their employees
Bass, Berry & Sims
Doug Dahl provides technical knowledge and advice to companies on a wide range of federal tax and ERISA matters regarding employee benefits, including qualified retirement plans, executive compensation arrangements and health and welfare plans. Doug regularly assists companies with employee benefit issues that arise during and following various corporate transactions and events, such as mergers, acquisitions, dispositions and bankruptcies. Drawing on his experience as an attorney with the IRS, Office of Chief Counsel and his involvement with employee benefits at a National level in Washington, D.C., Doug represents companies in various interactions with the IRS, the Department of Labor, and the Pension Benefit.
Bass, Berry & Sims
Susie Bilbro advises clients on all aspects of employee benefit plan design and administration including compliance with ERISA, the Patient Protection and Affordable Care Act (healthcare reform), COBRA and the Internal Revenue Code. She has counseled public and private clients on employee welfare and pension benefits issues, both in connection with corporate transactions and on day-to-day administration. In addition, Susie has prepared submissions to the IRS and Department of Labor for qualified retirement and welfare benefit plans. Susie also has experience advising clients on executive compensation arrangements.
Group VP, Client Services
Chris has been working with HR leaders for more than 18 years, focused on leveraging technology to reduce costs and execute talent management strategies that drive business results. He currently oversees the growth team for Bright Horizons EdAssist Solutions. Prior to joining Bright Horizons, Chris served as VP of Global Workplace Solutions for Care.com, where he oversaw a suite of services offered to institutional and corporate clients, their employees, and their families. Previously, Chris held leadership roles at Workscape and Accenture, where he managed solution development and implementation projects for Fortune 500 and global organizations across a broad range of industries.