187- How to Get Your Employer to Pay $5,250 Towards Your Student Loans Before the End of 2020- Bonus/Emergency Episode

<p><span style="font-weight: 400;">Did you know that your employer could pay off $5,250 of your student loans this year (2020)?! The payments wouldn't be taxable to you as the employee and your employer would get a tax break on the payment. But your employer would have to make the payment by December 31, 2020. This was a new provision made in the Cares Act back in March 2020 that many people didn’t know about. </span></p> <p><span style="font-weight: 400;">I found this out thanks to a tweet from episode 151 guest Lynette Khlafani Cox and when I shared this with my audience on my Instagram account @journeytolaunch, the comments went crazy with questions and comments. I had so many questions about it that I just had to invite Lynnette back on the podcast for an emergency episode to help answer some of your most asked questions on the subject. </span></p> <p><span style="font-weight: 400;">We cover the following questions (and more): </span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">What's the best way to ask your employer about this? </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">What's in it for the employer?</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Does this apply to govt employees or non-profit employees?</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">What if you are your own employer, is there a loophole that entrepreneurs can use for themselves?</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Do prior student loans qualify that you got years ago or for a degree not completed?</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Can employers add additional stipulations like you must continue working there for X amount of time</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Does this apply to part-time employees? </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">What are the chances that this will