Help Your Employees Erase Student Debt.
Access student debt forgiveness support through Savi & help your employees see real savings.
$156 Per Month or
$28,308 Lifetime Savings
*Average employee payment savings.
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Help Your Employees Erase Student Debt.
Access student debt forgiveness support through Savi & help your employees see real savings.
$156 Per Month or
$28,308 Lifetime Savings
*Average employee payment savings.
Powered by
How our partnership with Savi
saves your employees money.
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Calculate
Employees sync loan accounts to automatically determine eligibility for student debt relief benefits & loan forgiveness options.
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Enroll
With access to a personal concierge, employees receive customized options from 150+ public & private forgiveness & repayment plans.
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Monitor
Savi simplifies the paperwork & tracking process for both the employer & employee. Employees can easily track their loan forgiveness and make sure they stay on top of annual requirements.
Student Loan Debt Relief Options
Help your employees cut through the red tape & maximize loan forgiveness.
43.5M Americans Struggle with student debt.
Our concierge program is available as a voluntary employee cost OR county paid benefit.
Public employees also gain access to a FREE student loan forgiveness calculator to help determine eligibility & savings.
Public Service Loan Forgiveness
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Must work for a public sector employer or non-profit organization.
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Requires employer to confirm employment for each year worked.
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Full balance forgiveness after 120 payments. Up to 36 paused COVID payments may count.
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Savi educates employees on the value of getting this loan forgiveness as a result of working for YOU!
Income Driven
Repayment
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Significant monthly payment reductions based on employee discretionary household income.
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Requires employees to re-enroll each year they participate in the program.
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Savi will scan the 150+ different potential programs available to employees.
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Savi will makes it easy for your employees to reduce their monthly student loan payments.
Student Loans & Retirement?
SECURE 2.0 is here to help.
What is the SECURE 2.0 Act?
The SECURE 2.0 Act delivers dozens of new retirement-related provisions that take effect in 2024.
(Click To Read More)
Public employees can save for retirement & pay off student debt.
Under the new law student loan payments will be treated as elective deferrals just like contributions.
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Double Advantage
Employees no longer have to choose between saving for retirement and paying off student debt.
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Lower Loan Payments
By maximizing retirement contributions, employees can lower their taxable income, thereby lowering monthly student loan payments on an IRD plan.
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Help Employees Reach Goals
Public employers can contribute matching payments to certain retirement plans further enhancing this dual benefit.
PPI’s student debt relief program aims to enrich the lives of your employees and their family members.
Talk with our team of trusted public sector and insurance professionals. Our no-obligation consultation will help determine what solutions may be best for you, your taxpayers, and your employees.
- Tim Brown, Managing Director
- tbrown@naco.org
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Let us know how our Benefit Experts can contact you to get started today!