Financial Well-being

Participating in a multi-session program to learn more about financial management will meet the participation guidelines for this incentive. 

Why is this Important?

Financial health is an important component of well-being. Research supports a link between financial savings and healthy lifestyle habits as well as an association between better health and less health care expense.  Taking an active role in managing finances is associated with less stress, increased feelings of security, and greater financial confidence.  Gallup studies have found that financial security has a more significant impact than does income alone on employee well-being.

Want to know more?

Financial Wellness 101 

Financial stresses can negatively impact health and happiness. In Financial Wellness 101, faculty and staff will be given tools to make informed decisions about their money now and in the future.

1. Planting the seed:  Saving and the Time Value of Money
2. Investing: How to Make Your Money Grow 
3. Retirement Savings:  Planning for the Golden Years 
4. How to Protect and Improve your Credit Score
5. Managing Debt: The Good and the Bad 
6. Property, Casualty, and Liability Insurance
7. Life, Disability, and Long-Term Care Insurance 
8. Budgeting and Net Worth 

Financial Wellness 101
Thursdays at Noon
September 30 through November 18
Zoom
Please register!


Financial Wellness 201

Building on the foundations in Financial Wellness 101, this second eight week series offers insights into other areas of financial fitness like paying off debt and how social security works.

1. What you Should Know about Social Security 
2. Estate Planning Essentials 
3. Managing Credit Cards
4. Vehicle Debt:  Lease or Buy?
5. Housing Debt: Mortgages and Refinancing 
6. Strategies for Saving for College 
7. Making Sense of Health Insurance 
8. The Essentials of Individual Taxation

Financial Wellness 201
Wednesdays at Noon
September 29 through November 17
Zoom
Please register!


Fiscally Fit

During this series, our Vanguard and TIAA reps as well as the CWRU HR Benefits team will help faculty and staff better prep for life's financial challenges. All topics are generalized enough so that TIAA participants can learn from the Vanguard rep and vice versa. 

Tuesday, June 1 - Vanguard presents Health Savings Accounts (with Amy Sheldon from CWRU Benefits)
Tuesday, June 8 - Vanguard presents 529 Plans
Tuesday, June 15 - TIAA presents Common Estate Planning Considerations
Tuesday, June 22 - TIAA presents The SECURE Act Revealed
Tuesday, June 29 - TIAA presents Cybersecurity
**Wednesday, July 7 - TIAA presents Understanding Medicare
**Wednesday, July 14 - TIAA presents Quarterly Economic and Market Update
Tuesday, July 20 - TIAA presents Responsible Investing: Portfolios with purpose

Fiscally Fit
Took place June 1 through July 20, 2021


Upcoming Finance Webinars

Our retirement partners at TIAA and Vanguard offer free webinars for all faculty and staff.

TIAA Webinars

To Register for TIAA webinars:

  1. Visit www.tiaa.org/webinars
  2. Under Guest Access click Register for Guest access
  3. Enter first name, last name, Email and a password of their choice
  4. You will be taken directly into the Live Webinar Lounge where you can register for the webinar and add it to their calendar

Vanguard Webinars

View a Vanguard webinar today!

Remember, these webinars are free to all faculty and staff, regardless of your retirement savings provider.

 

Upcoming Individual Counseling Sessions

Register for a one-on-one sessions with your rep. See upcoming dates for individual counseling with TIAA and Vanguard on the CWRU Benefits website.