Designed with speed, cost, and compliance in mind, our program facilitates CARES Act contributions for employees paying off student debt. Participating businesses can contribute up to $5,250, tax free, at no cost for 2020.
Full access to our contribution platform at no cost for 2020.
Simply upload a file of eligible employees and your contribution amount, SoFi CARES handles the rest.
Employee engagement toolkit, co-branded collateral, and platform analytics to track your program.
Customizable finance benefits, such as student loan repayment, to support employees at every life stage.
Thanks to the tax-free treatment of this benefit in 2020, employees end up with more take-home pay while paying down debt. See how HR professionals are benefiting from the SoFi CARES Program.
— David Amendola, Senior Director, Benefits Advisory & Compliance,
Willis Towers Watson
of surveyed employees say having an employer contribution benefit is very important to them.
of respondents feel proud to work for an employer that offers student loan contributions.
of employees responded that they are likely to stay with their employer because of this benefit.
We got you.