FINANCIAL WELLNESS
Our finances play a critical role in our overall well-being. Please find resources below that will provide you access and support for financial wellness and concerns.
TIAA-CREF
No matter where you are in life - just getting started or planning for retirement - a session with our TIAA consultation can help you create a plan for your goals. you'll get answers to these questions and more:
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Am I invested in the right mix of investments to help meet my goals?
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Am I saving enough to create the retirement income I need?
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How do I take income from my retirement account once I stop working?
After 2 continuous years of full and part-time service (at least 20 hours/week or teach 16 units per academic year), you are eligible to contribute towards PLNU's defined contribution retirement plan through TIAA-CREF. PLNU contributes a 3% base contribution with no required employee contribution. In addition, PLNU will match 100% up to 5% of an employee's voluntary contribution. The total possible contribution by PLNU is 8%. Contact Human Resources for questions concerning PLNU's defined and supplemental retirement plans.
TIAA-CREF FINANCIAL EDUCATION
Financial matters are complicated. TIAA has gathered advice and education in one place, so you can start getting answers to the financial questions that are important to you. Explore TIAA's educational page for articles, forms, and live webinar opportunities.
WELLRIGHT CHALLENGES
WellRight focuses on making positive habits to promote your long term health by offering over 200 personal challenges to choose from, ranging from different wellness dimensions like financial.
Suggested Financial Challenges:
Brown Brag: Pack your lunch every day
Coupon Clipper: use 10 coupons
Frugal Chef: Dine for less
Frugal Diner: Dine in
Penny Counter: Track what you spend
Hold On: Wait before you buy
Home Brew: No coffee shop coffee
Money Buddy: Check-in for purchases over $50
Money Fast: No spending one day a week
Help Me: Ask 5 people for help
New Annual Challenge: Retirement Ready (50 points)
Whatever your retirement dreams, it's important to know what income you will need. The more you know, the better prepared you are to make good investment decisions. Not sure where to begin? Schedule an appointment with our TIAA consultant today! Please note: Submission for this challenge must be made after your appointment with TIAA takes place.
TIAA-CREF INSIDE MONEY WORKSHOP
In July 2019, TIAA gave a Financial Wellness Workshop at Main Campus. Please find the helpful workshop guide attached that provides budgeting basics and tips and a cashflow and budget worksheet.
EMPLOYEE ASSISTANCE PROGRAM
We understand that legal and financial matters can be overwhelming at times. And that’s why we’re here to help. With the Employee Assistance Program, benefit eligible employees and their household have access to *legal, **financial and identity theft professionals who can help resolve issues and concerns - resourcesforliving.com.
*Services must be realted to the employee and eligible household members. Work-related issues are not covered.
**This service also provides access to tax professionals. Aetna's tax team can even prepare personal income tax return at a discounted rate.
