Under section 127, the total amount that an employee can exclude from gross income for payments of principal or interest on qualified education loans and other educational assistance combined is $5,250 per calendar year.
EAPs Definition. "EAPs are workplace-based programs designed to address substance use and other problems that negatively affect employees' well-being or job performance" Have evolved significantly over time in response to workplace and societal issues.
EAPs Definition. "EAPs are workplace-based programs designed to address substance use and other problems that negatively affect employees' well-being or job performance" Have evolved significantly over time in response to workplace and societal issues.
Examples of EAP include resources or support for: Family situations, such as divorce, adoption assistance, or childcare. Alcohol or substance use disorders. Personal training/exercise. Mental health counseling.
Similar to federal law, state law provides that contributions made to a qualified tuition program are not deductible.