The holidays can be stressful for many due to financial worries, family obligations, missing a loved one, and lack of time. If you are feeling overwhelmed, isolated, or depressed, you are not alone. HR’s Mental Wellness Resources can help you manage your emotions and find joy during the holiday season and into the new year!
Financial Reminder: 2023 Annual IRS Contribution Limits for the Retirement Savings Plan 403(b)
The annual 403(b) contribution limits for 2023 have changed from 2022. If you are under age 50, the annual contribution limit is $22,500. If you are age 50 or older in the calendar year, you may contribute an extra $7,500 “catch-up” contribution, for a total annual contribution limit of $30,000.
Taking care of your physical, mental, and financial wellness is extremely important. We hope this monthly benefits newsletter will make it easy and convenient for you to do just that.
My Health Coach
During the holiday season, My Health Coach recommends these stress management tips when you are feeling overwhelmed, as well as this self-guided imagery exercise that focuses on positive thoughts and images to help relieve tension.
Avoid Overeating During the Holidays
The holiday season is filled with festive gatherings, entertaining, and out-of-town guests. These events can trigger us to eat without thinking about how much food we really want and need. To help manage these situations, practice mindfulness-based eating tips so you can enjoy without overdoing it:
- Savor your food, so you don’t eat too quickly.
- Sit down to eat. Multitasking while you eat makes you forget how much you are actually eating.
- Use a smaller plate to aid with portion control.
- Practice gratitude by recognizing all the time and effort that goes into preparing tasty meals and sweet holiday treats
Looking for a few healthier holiday recipes? The Health Coaches shared their favorites.
Memorial Sloan Kettering Cancer Center
Early detection saves lives! That’s why Princeton has partnered with Memorial Sloan Kettering, a world-leading cancer authority, to provide cancer education and screening resources to reduce your risk of cancer or identify it earlier when it’s more easily treated. If you or a loved one receives a diagnosis, you may schedule an appointment with MSK Direct by calling Princeton’s dedicated phone line (844) 303-2123, available 8:00 a.m.–6:00 p.m. ET, Monday–Friday. Appointments are available within two business days of calling.
HealthAdvocate
Health Advocate can help you locate a primary care physician (PCP), in-network specialist, or a facility that is right for you. They are also available to schedule medical appointments for you and your family
Teladoc
Day or night, whether you are traveling or at home, Teladoc is available by phone or video if you are unable to get an appointment with your doctor over the holidays. Teladoc general medicine is available 24/7 to help with a wide range of illnesses including flu, sore throats, pink eye, bronchitis, and more. Visits are covered at 100% for those enrolled in the Princeton Health Plans and HMO plan. Through the end of 2022, visits are also covered at 100% for those in the CDHP and J-1 Visa Plan. Beginning on January 1, 2023, individuals in the CDHP and J1 Visa plan will pay approximately $49 per visit until the deductible is met. Learn more about Teladoc.
Carebridge
Join Carebridge this month for the following virtual offering:
New Day, New Chapter
Using mindfulness techniques, learn how to let go of an “old story” so you can be in the present.
Tuesday, December 13, noon–12:45 p.m.
Register through Zoom
Life Coaching, offered through Carebridge, can assist you in figuring out your strengths, your personality, your values, and how to develop a personal vision to achieve your goals and dreams. This benefit offers six free personal life coaching consults, by phone, provided by certified life coaches.
CAPTRUST
CAPTRUST’s number one mission is to connect participants with timely, relevant, and actionable content to help you make smarter financial decisions and ultimately retire with confidence. This benefit is free, completely confidential, and provided by a company that has no products or services to sell you.
One-hour Webinar: Retirement Readiness
This recorded webinar features a comprehensive discussion around planning for retirement, including Social Security benefits, healthcare planning with Medicare, creating income in retirement, and asset allocation strategies.
Isles
Isles is dedicated to helping people manage everyday money issues such as budgeting, saving, and reducing debt. Counseling is available in English and Spanish.
TIAA
Keep your financial goals on track with TIAA’s live webinars, including “Write Your Next Chapter – 5 Steps to Setting Your Retirement Date” and “Tax Planning Considerations.” For the complete listing of this month’s TIAA webinars, visit the registration page.
TIAA offers individual retirement counseling sessions, either online or by phone, which provide in-depth planning assistance. To schedule an appointment, register online.
Whatever challenges you’re facing, help is available. Get more details on the HR website.
Questions?
For questions about physical or mental wellness resources, contact Lynn Herbine. For financial wellness inquiries, contact Jane Edgar. The Benefits Team is available to assist at (609) 258-3302 or [email protected]. For complete details on all wellness resources and programs, visit the HR website.