April is National Financial Literacy Month, an ideal time to evaluate your personal financial outlook. By establishing and maintaining healthy financial habits, you can help ensure that you will reach your current and future goals. For example, did you know Princeton offers a Roth contribution option, which is another great way to save for retirement?
This month also means spring is here, with its warm weather and longer days. Head outside for an activity that will get your body moving and give your brain a break!
Taking care of your financial, physical, and mental well-being is critically important. We hope you will take advantage of the offerings and information below to assist you in reaching your personal goals.
Take care of your financial future and improve your money smarts with 4 Steps to Greater Financial Know-How.
Keep your financial goals on track with TIAA’s live webinars, including “The Power of Saving” and “Paying Yourself: Income Options in Retirement.” For the complete listing of this month’s TIAA webinars, visit the registration page.
Another Way to Save: The Roth Contribution
In addition to a pre-tax option, the Princeton University Retirement Savings Plan offers an after-tax contribution option called a Roth, which can help you achieve your savings goals. Learn more about the benefit and if it’s right for you. If you are interested in participating, visit our website for instructions on how to change your 403(b) contribution through HR Self Service.
TIAA offers individual retirement counseling sessions, either online or by phone, which provide in-depth planning assistance. To schedule an appointment, register online.
Update on CREF Money Market
A fee waiver has been extended to June 30, 2021, for the CREF Money Market account. After this date, participants with accumulations in the CREF Money Market could experience negative returns due to the historically low interest rate environment. If you are invested in this account and have any questions, please call CAPTRUST at (800) 967-9948.
To speak to a counselor about the University’s retirement plan and/or other financial issues, call the Retirement Advice Line at (800) 967-9948. Visit the CAPTRUST website for complete information, including articles and videos about financial well-being. This benefit is free, completely confidential, and provided by a company that has no products or services to sell you.
Isles is dedicated to helping people manage everyday money issues such as budgeting, saving, and reducing debt. They also provide HUD-certified housing counselors who can assist those looking to purchase a first home, as well as those having difficulty meeting their mortgage or rent obligations. Counseling is available in English and Spanish.
Learn more about the programs and services provided by Isles.
If you are applying for a credit card, taking out a loan, leasing an apartment, or refinancing a mortgage, you will most likely need to verify your employment and income. The Work Number is an online system available 24 hours a day, 7 days a week that provides the most up-to-date income and employment information for Princeton employees.
To learn more, refer to Employment and Income Verifications.
My Health Coach
Current Exercise Recommendations and How to Meet Those Goals
Having trouble finding the motivation to exercise after a winter lull? This seminar will provide information on current recommendations for exercise and how to get back into a routine.
Thursday, April 22, 11:00 a.m.
Register through Zoom
Thursday, April 29, 11:00 a.m.
Register through Zoom
Regular exercise is one of the most important things you can do for your health and overall mood. So, are you doing enough? Refer to these Physical Activity Guidelines to find out what’s best for you.
Get more details on the My Health Coach program.
Nine million U.S. children under the age of 18 have special needs. It can be overwhelming to find the right providers and services, and to handle insurance issues. Health Advocate offers several ways to help support your special needs child.
Learn more about Health Advocate.
Mindfulness is a way of being fully conscious and completely present in the moment. Participants will be introduced to mindfulness meditation and will learn insights into the art, science, and practice of mindfulness.
Tuesday, April 27, 11:00 a.m.
Register through Zoom
Discover the ways Carebridge, our Employee Assistance Program, can support you and your family.
Strategies to Reduce Working-Parent Stress and Guilt
This seminar will explore approaches for alleviating stress and setting realistic parenting expectations, as well as how to maximize time with your child and learn how to let go of working-parent guilt.
Thursday, April 15, noon
Need help balancing work and home life? Schedule in-home or center-based back-up care with Bright Horizons and enjoy waived copays during the entire month of April! Visit their website or call (877) 242-2737.
Discover the Bright Horizons Back-up Care Advantage Program.
For questions about physical or mental well-being resources, contact Lynn Herbine. For financial well-being inquiries, contact Jane Edgar. The Benefits Team is available to assist at (609) 258-3302 or email@example.com.