Redirect Bonuses & Unused PTO to Student Loans

Automate principal-only student loan payments using unspent payroll budgets. Reduce PTO liabilities and increase employee retention with a high-impact tax-free program.

Sign-on bonuses

Referral bonus

Paid Time Off

Quarterly bonus

Annual bonus

Holiday bonus

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Tax-Free Student Loan Repayment via Section 127

Establish a fully compliant educational assistance program. Under current IRS code, employers can contribute up to $5,250 annually toward an employee's student loans without any tax liability for either party.

Learn more about tax-free benefits

Fully Compliant

Structured to meet all CARES Act and IRS Section 127 guidelines for tax-free educational assistance.

Zero Technical Integration

Works alongside your existing payroll or HRIS without complex API setups or data migrations.

$5,250

Maximum Annual Tax-Free Limit

IRS Qualifying Educational Assistance

Accelerate Payoff Dates and Reduce Compound Interest

Cash bonuses often lose roughly 40% or more immediately to taxes. By routing that value directly to student loans, you maximize the impact of every dollar.

Tax Savings Impact

Standard cash bonuses face heavy withholding and payroll taxes. Paidly routes the full value directly to the loan principal to maximize employee savings.

Standard Cash Bonus

~$3,150

Tax-Heavy

Paidly Contribution

$5,250

Tax-Free

Advantage: Paidly routes the full $5,250 to loans, providing $2,100 more value than a traditional bonus.

Total Acceleration

1 year 8 months

SOONER


Debt-Free Date

July 2034

(vs March 2036 standard)

Interest Savings

$3,761.77

(in avoided interest)

Lump Sum Extra Payment Calculator

Eliminate the Annual PTO Liability Time Bomb

Convert accrued PTO expenses into a tax-advantaged student loan repayment program. Attack debt with pre-tax dollars while clearing balance sheet liabilities without administrative complexity.

Convert Unused Time into Financial Flexibility

Don't let your "use it or lose it" hours expire or be eroded by withholding. Route the full value of your PTO directly to your loan principal to hit zero debt faster.

Powered by Paidly On-Demand

Flexible payments. Zero recurring commitments.

Add on-demand repayment to your rewards strategy in minutes. Zero-integration required as we handle loan verification and direct servicer payments.

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PTO Buyback and
Bonus Resources

Internal adoption requires clear education. Access our manager guides and pitch kits to help your organization understand the massive financial impact of tax-free principal payments.

Boost Your PTO Buyback

A technical breakdown on how redirecting PTO to student loans creates a long-term financial advantage for employees.

Read Article

Tax-Free Bonus Strategy

A guide to structuring bonuses using Section 127 to maximize cash value for your workforce while bypassing income tax.

Explore Guide

Modernize Your Total Rewards Strategy

Contact our implementation experts to launch a student loan program at your organization.

For employees, we’ll provide you with the resources to share Paidly’s value with your HR or Benefits team.

Or Get started today with Paidly On-Demand

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Paidly

Make loan repayment a benefit, not a burden

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Please be advised that MeetPaidly does not offer financial, tax, or legal advice including regarding the financial, tax, or legal implications and execution of your offered benefits. You must independently understand and ensure compliance with the applicable local, state, and federal laws and regulations.