Final answer:
Employers can provide up to $5,250 per year for educational assistance, which can be crucial as education costs rise and this employer benefit can help reduce education-related financial burdens.
Step-by-step explanation:
Employers can pay (or reimburse) employees for up to $5,250 per year of educational assistance, whether or not the education is job-related. This benefit allows employees to pursue higher education and further training without bearing the full cost, supporting their advancement and potentially leading to higher earnings in the future. As the cost of education continues to rise, this employer benefit becomes increasingly valuable in helping mitigate student loan debt and other educational expenses.