401(k) Plans
| Types of Educational Assistance |
Do Your Employees Have to Take a Course That is Job-Related? |
Can You Exclude the Cost of the Educational Assistance from Your Employees' Gross Income? |
Can you Deduct the Cost of the Educational Assistance? |
| Educational Assistance Plans (EAPs) |
No |
Yes |
Yes |
| Educational Reimbursement Programs (ERPs) |
Yes |
Yes |
Yes |
| Tuition Reduction Programs |
No |
Yes |
Yes |
| Educational Benefit Trust |
N/A |
No |
Yes |
| Scholarships and Fellowships |
No |
Yes |
No |
| Training Programs |
Yes |
Yes |
Yes |
|
 |
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