Comparing SAVE and PAYE Plans for Student Loans: SAVE Plan: The SAVE plan lowers monthly payments and accrued interest on student loans. However, as your income grows, your payments CAN exceed what you would pay on the standard 10-year plan. PAYE Plan: The PAYE plan may start...
Discover your best path to managing your student loans and maximizing your benefits with the help of PeopleJoy. Don't miss out on important deadlines and opportunities. Here's what you need to know: Payments starting on October 1st, 2023: Ensure you're prepared by visiting our website...
Here are some updates on what to expect regarding Federal Student Loans in the coming months. The deadline to consolidate non-qualifying student loans into qualifying Direct loans for PSLF credit has been extended to the end of 2023. Previously you had until May 1st to...
Final extension of Covid Forbearance - payments resume January 2023 Limited PSLF Waiver will NOT be extended – ends October 31st, 2022 The temporary changes which allow borrowers to receive credit for past periods of repayment that would otherwise not qualify for PSLF will...
Are you aware your employees can receive thousands more in Public Service Loan Forgiveness? However, they must act before October 31st. What is Public Service Loan Forgiveness (PSLF)? Student loan forgiveness for nonprofit employees. But only after they have made 120 "qualifying payments". What is the Limited PSLF...
As an African American CEO, I have been horrified by these recent examples of systemic racism in our country. In many ways, our judicial and law enforcement systems have repeatedly failed to protect the rights of African Americans. Like many of you, I have been...
Public Service Loan Forgiveness (PSLF) is a program where some federal student loan borrowers can have the remaining balance of their student loan wiped away. To quality, you’ll need to keep a qualifying job and make payments under one of a few specific plans for...
By Roxanna Coldiron Imagine what would happen if top executives retired, quit or otherwise left your organization today. Would you have any employees who could fill in the gap? Succession planning provides a solution for companies to fill future roles within the organization. Whether your organization wants...
By Roxanna Coldiron Let’s imagine two companies: Company A and Company B. Company A suffers from high levels of turnover, a lack of employee loyalty, and increased costs in both production and human resources. Everyone on the team is new and has no idea what to...
By Roxanna Coldiron Open enrollment for benefits has arrived! It can be a confusing process for both employers and employees to navigate open enrollment, but it doesn’t have to be a chore. Finding ways to make it fun can not only smooth the process for your...