This is really cool @greg_poulin! So basically the CARES Act allows an employer to provide a student loan repayment entirely tax-free? Is this a temporary benefit from the CARES Act or is this here to stay? Does Goodly support paying over the $5,250 amount limited by the CARES Act even if that extra amount is taxable?

Wow, this is seriously incredible.

This is awesome! Do you think this legislation will become permanent?

Hey PH,  Greg from Goodly introducing the first tax-free student loan repayment as an employee benefit. One critical provision within the CARES Act allows employers to make tax-free contributions toward their employees’ student loans for the first time.  At Goodly we partner directly with employers to design 401(k)-like student loan benefits programs. The CARES Act allows businesses to contribute $5,250 toward student debt this year, due to the coronavirus. We designed Goodly to be a turn-key signup process, which takes employers just 10 minutes to sign-up. With Goodly you get:  - Highly customized platform: We designed Goodly to be flexible enough to support employers of all sizes and budgets  - 30% reduction in repayment: The average employee pays off their student loans 30% faster than they otherwise would - The hottest employee benefit: Student loan benefits now rank as the single most popular employee benefit for millennial and gen z employees We would love to hear any of your thoughts or feed back here or by email at gregory@goodlyapp.com Thanks!

@greg_poulin the world needs more mission driven products like this. Kudos!

This is awesome! Wish I had this

Looks very interesting! I'm really interested in trying this app, as I often take loans, and sometimes I`m not satisfied with their conditions. Recently I found a good site https://laina-finance.fi/credits... that helps me with choosing a reliable loan provider with good conditions and low interests.