LEXINGTON, Ky. (Feb. 27, 2023) — A goal of many is finding a way to save. Saving for college, for a new home, for the unexpected or just saving for the future. But how do you save for those things is the question on many minds During America Saves Week, Feb. 27-March 3, University of Kentucky employees can get answers to those questions and more. America Saves Week is an annual celebration as well as a call to action for everyday Americans to commit to saving successfully.
Employees are also encouraged to learn more about CAPTRUST Financial Wellness and Advice. As an added benefit to UK employees who participate in UK’s retirement savings plans, the program is designed to help employees who struggle with feeling confident about making financial decisions concerning their retirement.
CAPTRUST is an independent investment advisory firm that provides investment advice to UK’s retirement plan participants. This free benefit is designed to help employees navigate retirement benefits and other financial priorities, such as budgeting, debt, credit or college savings.
Fidelity customers can register for any of the company’s 23 live webinars. With the Fidelity UK Retirement Plans, employees can find a variety of benefits and investment options to help them save for their future.
Fidelity also offers easy-to-use interactive tools to help assess needs and determine next steps. And to help answer any questions, one-on-one meetings with a Fidelity consultant are complimentary.
TIAA is hosting three webinars for America Saves Week:
- Inside Money: Managing income and debt, noon Tuesday, Feb. 28. Register here.
- Opening doors to the future — Save in a 529 college savings plan, noon Wednesday, March 1. Register here.
- Invest for Success: 5 Principles you need to know, noon Thursday, March 2. Register here.
In addition, TIAA customers are being challenged to contribute an extra penny on every dollar to their retirement account. That’s just 1% now with the potential for a lot more in growth by the time they retire. Those who need help with budgeting and managing debt can watch a video here. They can also watch a short video on paying down credit card debt management here.
UK employees can also learn more about Enrich, UK’s financial well-being partner that has a variety of features. Employees can take Enrich’s monthly $1,000 Challenge to improve money skills and have a chance to win $1,000. In addition, employees are encouraged explore the Enrich library for tips on everything money: budgeting, emergency funds, investing, government support, taxes, student financial aid and loans, job benefits, insurance, entrepreneurship, extra income, networking, interviewing, salary and more.
UK offers employees a variety of year-round financial well-being offerings, including retirement and education savings plans, health savings accounts and debt coaching.
As the state’s flagship, land-grant institution, the University of Kentucky exists to advance the Commonwealth. We do that by preparing the next generation of leaders — placing students at the heart of everything we do — and transforming the lives of Kentuckians through education, research and creative work, service and health care. We pride ourselves on being a catalyst for breakthroughs and a force for healing, a place where ingenuity unfolds. It's all made possible by our people — visionaries, disruptors and pioneers — who make up 200 academic programs, a $476.5 million research and development enterprise and a world-class medical center, all on one campus.
In 2022, UK was ranked by Forbes as one of the “Best Employers for New Grads” and named a “Diversity Champion” by INSIGHT into Diversity, a testament to our commitment to advance Kentucky and create a community of belonging for everyone. While our mission looks different in many ways than it did in 1865, the vision of service to our Commonwealth and the world remains the same. We are the University for Kentucky.