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Icahn Enterprises Employees Should be Aware that the Student Loan Payment Pause was Extended Through January 2022

Healthcare Provider Update: Healthcare Provider for Icahn Enterprises: Icahn Enterprises typically collaborates with various insurance providers to facilitate healthcare coverage for its employees. While the specific provider may vary based on employee location and plan selections, large U.S. employers like Icahn Enterprises often work with major health insurance companies including UnitedHealthcare, Blue Cross Blue Shield, and Aetna. It's advisable for employees to check with their HR department for the most current provider details and plan options. Potential Healthcare Cost Increases in 2026: As we look ahead to 2026, Icahn Enterprises employees must prepare for significant healthcare cost increases, which could impose a heavier financial burden on many households. A combination of surging healthcare premiums-potentially exceeding 60% in some areas-and the expiration of federal premium subsidies will likely push out-of-pocket costs much higher. Employers, facing their own rising expenses, may also shift more healthcare costs onto employees through increased deductibles and reduced coverage options. Consequently, it is essential for employees to carefully evaluate their benefits and explore strategies to mitigate the financial impact of these changes. Click here to learn more

How Icahn Enterprises employees can navigate federal student loan repayment: This article provides a framework for Icahn Enterprises employees to understand the current federal student loan landscape and make the most of available repayment options and employer benefits, suggests Tyson Mavar, a representative from The Retirement Group, a division of Wealth Enhancement Group.

Wesley Boudreaux of The Retirement Group, a division of Wealth Enhancement Group, advises Icahn Enterprises employees with federal student loans to take stock of their current repayment plan and explore the updated options available now that the pandemic-era payment pause has ended.

In this article, we will cover:

The end of the federal student loan payment pause: A summary of the pandemic-era moratorium and what happened when repayment resumed.

The effects on Icahn Enterprises employees: How the current repayment environment affects both personal and Parent PLUS Loans.

New employer benefits and available programs: What Icahn Enterprises employees can take advantage of under current law.

Background: The student loan payment pause has ended.

Federal student loan repayment resumed on September 1, 2023, after more than three years of pandemic-era relief. The COVID-19 payment pause, which began in March 2020 under the CARES Act, was extended multiple times. After the U.S. Supreme Court's June 2023 ruling blocked broad student loan cancellation, the final pause ended and repayment restarted. The Department of Education implemented a one-year on-ramp period through October 2024, during which missed payments did not trigger credit reporting -- but interest continued to accrue. As of late 2024, standard monthly repayment is fully in effect for all Icahn Enterprises employees with federal student loans.

Icahn Enterprises employees nearing retirement should be aware that Parent PLUS Loans -- federal loans that parents can take out to help pay for their children's education -- resumed repayment along with all other federal loans in 2023. Income-driven repayment (IDR) options remain available for eligible borrowers. Icahn Enterprises employees should note, however, that the Saving on a Valuable Education (SAVE) plan -- introduced in 2023 as the most generous IDR option -- was blocked by federal courts in 2024 and is currently in administrative forbearance while legal challenges are resolved. Time spent in SAVE forbearance does not count toward Public Service Loan Forgiveness (PSLF), and borrowers cannot make qualifying PSLF payments while in the plan. Two other IDR plans -- Income-Contingent Repayment (ICR) and Pay As You Earn (PAYE) -- are being phased out and will end in mid-2028. The standard 10-year repayment plan and Income-Based Repayment (IBR) remain fully available.

Does interest accrue during current forbearance periods?

Yes. Unlike the pandemic-era pause, the SAVE administrative forbearance does accrue interest. Icahn Enterprises employees enrolled in SAVE who are in administrative forbearance may wish to consider voluntary payments to prevent interest buildup.

Do private student loans qualify for income-driven repayment?

No. Icahn Enterprises employees should remember that private student loans are not eligible for federal IDR plans, PSLF, or federal forbearance protections. Only federal government-held loans -- including Federal Direct Loans, Federal Perkins Loans, and FFEL Program loans held by the Department of Education -- are eligible.

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Icahn Enterprises employees whose employer offers student loan repayment assistance should be aware of a significant development: the One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, permanently extended the employer benefit allowing companies to contribute up to $5,250 per year toward an employee's student loan repayment on a tax-free basis. This benefit was originally a temporary CARES Act provision. Icahn Enterprises employees are encouraged to check with their HR department to determine whether this benefit is available and to contact their loan servicer to review their current repayment plan status.

Sources:

U.S. Department of Education. 'Federal Student Loan Payment Restart.' StudentAid.gov, 2023, studentaid.gov/announcements-events/covid-19 .
U.S. Department of Education. 'Repayment Plans.' StudentAid.gov, 2025, studentaid.gov/manage-loans/repayment/plans .
NPR. 'Federal student loans are changing. Here’s what to expect in 2026.' NPR, December 2025, www.npr.org .
U.S. Congress. One Big Beautiful Bill Act. Signed July 2025.
Federal Reserve Bank of New York. 'Household Debt and Credit Report.' Federal Reserve Bank of New York, Q4 2025, www.newyorkfed.org/microeconomics/hhdc .

What type of retirement savings plan does Icahn Enterprises offer to its employees?

Icahn Enterprises offers a 401(k) retirement savings plan to its employees.

How can employees of Icahn Enterprises enroll in the 401(k) plan?

Employees of Icahn Enterprises can enroll in the 401(k) plan by completing the enrollment form provided by the HR department or through the company’s benefits portal.

Does Icahn Enterprises match employee contributions to the 401(k) plan?

Yes, Icahn Enterprises provides a matching contribution to employee contributions up to a certain percentage, as outlined in the plan details.

What is the maximum contribution limit for the 401(k) plan at Icahn Enterprises?

The maximum contribution limit for the 401(k) plan at Icahn Enterprises aligns with the IRS limits, which can change annually.

Can employees of Icahn Enterprises take loans against their 401(k) savings?

Yes, Icahn Enterprises allows employees to take loans against their 401(k) savings, subject to specific terms and conditions.

What investment options are available in the Icahn Enterprises 401(k) plan?

The Icahn Enterprises 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to diversify their portfolios.

Is there a vesting schedule for the employer match in the Icahn Enterprises 401(k) plan?

Yes, Icahn Enterprises has a vesting schedule for the employer match, which means employees must work for the company for a certain period to fully own the matched funds.

How often can employees change their contribution amounts in the Icahn Enterprises 401(k) plan?

Employees of Icahn Enterprises can change their contribution amounts at any time, subject to the plan’s guidelines.

What happens to the 401(k) savings if an employee leaves Icahn Enterprises?

If an employee leaves Icahn Enterprises, they can choose to roll over their 401(k) savings into another retirement account, cash out, or leave the funds in the Icahn Enterprises plan, depending on the plan rules.

Are there any fees associated with the Icahn Enterprises 401(k) plan?

Yes, there may be fees associated with the Icahn Enterprises 401(k) plan, which can include administrative fees and investment-related expenses.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Plan Name: Icahn Enterprises Pension Plan Years of Service Qualification: Employees must have at least 5 years of service. Age Qualification: Employees must be at least 55 years old to qualify for full pension benefits. Pension Formula: Defined benefit plan based on years of service and average salary. Plan Name: Icahn Enterprises 401(k) Plan Eligibility: All full-time employees are eligible after 1 year of service. Contribution Details: Company matches up to 6% of employee contributions.

Restructuring and Layoffs: In 2023, Icahn Enterprises undertook a significant restructuring effort due to ongoing financial challenges and shifts in market conditions. The company announced a series of layoffs aimed at streamlining operations and reducing costs. This move is part of a broader strategy to enhance operational efficiency amidst a fluctuating economic environment. The restructuring is a critical development as it reflects broader trends in the corporate sector facing economic pressures, investment uncertainties, and evolving political and regulatory landscapes. Monitoring such changes is essential for understanding the potential impacts on employees and stakeholders, especially in a dynamic economic and investment climate.

Icahn Enterprises granted stock options and RSUs primarily to executive officers and key employees. The specific details include performance-based RSUs linked to company performance metrics.

Health Benefits: The official site provides a general overview of their benefits package, including medical, dental, and vision insurance. They often include options for health savings accounts (HSAs) and flexible spending accounts (FSAs). Specifics for 2022, 2023, and 2024 are not always detailed, so it's best to check their careers or HR sections for the most accurate and updated information.