Paidly empowers companies of all sizes to attract and retain top talent with a comprehensive platform simplifying student loan assistance. We offer two powerful ways to help employees tackle student debt: direct employer contributions and a unique peer-to-peer support feature.
A Competitive Edge with Student Loan Relief: Help employees significantly reduce their student loan burden. Paidly makes it easy to offer this highly valued benefit.
Tax-Smart Solution: Leverage the CARES Act to contribute directly to employee loans (up to $5,250 annually) tax-free, enhancing your benefits package cost-effectively.
Paidly also enables everyone to receive contributions from friends and family towards their student loans. This innovative peer-to-peer support system provides an additional avenue for debt reduction. Importantly, Paidly waives usage fees and minimum donation amounts for employees participating through their employer’s plan.
Investing in Your Workforce: Beyond student loans and peer-to-peer support, Paidly supports 529 college savings plans, promoting long-term financial wellness. By making it easy to invest in employees’ financial futures, Paidly fosters a more engaged and productive workforce.