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?


On-site Classes

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. 

  1. Healthy Numbers: Integrating Health Care into Your Retirement Plan - May 21
  2. Your CWRU Retirement Plans - Watch the video from May 28, 2020
  3. Create Your Plan in A Volatile Market- June 4
  4. Is Roth Right for You- June 11
  5. Financial Freedom- June 18
  6. Common Estate Plan Considerations - June 25
  7. Ohio's 529 Plan: Saving for the "Kids" - Watch the video from July 2, 2020
  8. Tomorrow in Focus: Saving for your Ideal Retirement- July 9

Fiscally Fit
Thursdays at 12:30 PM
Series offered via weekly webinar links
May 21 through July 9
 


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. Four Key Areas of Personal Finance: Planting the Seed
2. Investing: How to Make Your Money Grow
3. Retirement Savings:  Planning for the Golden Years
4. Property, Casualty, and Liability Insurance
5. Life, Disability, and Long-Term Care Insurance
6. How to Protect and Improve your Credit Score
7. Should you Buy or Lease a Car
8. Pulling it all Together: Personal Budgets and Net Worth
 

Financial Wellness 101
Thursdays at 12:30
September 17 through November 5
ZOOM
Registration opens soon

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. Getting Ready for Tax Time:  The Essentials of Individual Taxation
2. What you Should Know about Social Security
3. Credit Card Essentials
4. Estate Planning Essentials
5. Strategies for Saving for College
6. Health Insurance and Other Employee Benefits
7. Debt:  The Good and the Bad
8. Personal Financial Statements
 

Financial Wellness 201
Wednesdays at Noon
September 16 through November 4
ZOOM
Registration opens soon


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 2020 dates for individual counseling with TIAA and Vanguard on the CWRU Benefits website.