Designed with speed, cost, and compliance in mind, SoFi at Work facilitates employer contributions for employees paying off student debt. Now eligible under Sec. 127, businesses can contribute directly to student debt up to $5,250, tax-free each year through 2025.
SoFi at Work’s contribution platform provides a low-cost way to deliver funds towards your employees’ student debt.
Simply let us know who is eligible, your contribution amount, and frequency. SoFi at Work handles the rest.
We’ve done the heavy lifting, so you don’t have to. From plan design to reporting, we’ve got you covered.
Your employees will be given access to the financial resources and tools on the SoFi at Work Dashboard, to help them achieve their financial goals and support informed decisions at every life stage.
No two employees’ needs are the same, nor are any companies’. That’s why our suite of benefits covers every major life stage and can be customized to match your employees’ needs. From saving for a child’s education to planning for retirement, or saving for the unexpected in between, where there’s a plan, we have a solution—and the team to put it in place for you.