Retirement & Financial Wellness Workshops
Understanding Social Security
April 12, 2023 at 9:00 a.m. - Web
Speaker: Charo Boyd
This live workshop is ideal for USI employees and/or their loved ones planning to retire in 5-10 years OR anyone wanting to learn more about Social Security. Learn how to apply for Social Security Income and learn how age and wages effect your benefit amount. Learn about when you can work and receive benefit, survivor and disability benefits.
Fine-tune your retirement strategy
April 12, 2023 at 10:00 a.m. - Web
Speaker: Kristy Breidenbach
This live workshop is ideal for USI employees that want to learn how to invest for retirement. Moving beyond investing basics to help fine-tune saving and investing strategies for retirement and build a more secure future.
PERF Workshop: Fundamentals of INPRS
April 12, 2023 at 11:00 a.m. - Traditions Lounge
Speaker: Michael Rust, INPRS
This live workshop is ideal for USI employees that are Public Employees’ Retirement Plan (PERF) participants. Learn about your PERF plan, updating your account, retirement eligibility, annuity and defined benefit (pension) payment options.
The USI Retirement Offering
April 12, 2023 at 2:00 p.m. - Traditions Lounge
Speaker: Wendy Seitz, USI
This live workshop is ideal for USI employees eligible for USI medical, dental and life retirement benefits. Learn about USI’s retirement policy offerings, who is eligible and the transition process from an active employee to a retiree status.
PERF Workshop: Fundamentals of INPRS
April 12, 2023 at 3:00 p.m. - Traditions Lounge
Speaker: Michael Rust, INPRS
This live workshop is ideal for USI employees that are Public Employees’ Retirement Plan (PERF) participants. Learn about your PERF plan, updating your account, retirement eligibility, annuity and defined benefit (pension) payment options.
Financial Psychology
April 13, 2023 at 10:00 a.m. - Traditions Lounge
Speaker: Ben Joergens, Old National Bank
This live workshop is ideal for anyone wanting to learn more about their relationship with money and finances. Many factors influence and reinforce people’s relationships with money, and each of us have an individual money personality. Our emotions about money affect how we spend, save, and manage our personal finances.
Getting a Head Start on your Future
April 13, 2023 at 11:00 a.m. - Traditions Lounge
Speaker: Michael Dooley (set up a meeting with Mike here)
This live workshop is ideal for USI employees eligible for TIAA plans. Understanding the retirement plans offered by your employer, the advantages of a retirement program, how to create a retirement strategy and how to update your account with TIAA.
Indiana College Choice 529
April 13, 2023 at 1:00 p.m. - Traditions Lounge
Speaker: Phillip Waddles
Do you or someone you know, want to save for college? Learn about CollegeChoice 529 Direct Savings Plan to start savings towards college. Learn about the tax credit you can earn, how to open the account and where the money can be used.
New to Medicare? What you need to know!
April 13, 2023 at 2:00 p.m. - Traditions Lounge
Speaker: Susan Spilly
This presentation is intended to provide what you need to know about starting Medicare! Whether you’re starting Medicare soon, curious about Medicare coverage options, or maybe attending for a loved one, all are welcome!
First Time Home Buying
April 13, 2023 at 3:00 p.m. - Traditions Lounge
Speaker: Amber Rascoe, German American
In this course, we will look at the history of interest rates and see if now is still a good time to buy. We will go over practical steps to become a homeowner, and what happens once you find the home you would like to purchase.
Helpful Links and FAQ's:
Absolutely! These workshops are provided at no cost to you and anyone in your household!
Yes! Our intention is to provide these learning opportunities as often as we can, right now we are offering these annually in the spring.
Some of the workshops are online and some in-person at the location stated in the description. You can register for the workshops by clicking the link at the top of the page.
Depends on your needs, a brief description of each workshop is on the sign-up page.
The web-based TIAA workshop will be recorded and offered for viewing for 90 days, but you must register to get the link to the recording. The rest of the workshops are not recorded.
TIAA Workshops
TIAA holds monthly webinars through its interactive site called the Virtual Environment. This innovative resource offers users 24/7 access to a wide range of articles, on-demand seminars, and live monthly seminars on a variety of essential financial topics.
Register:
Meet with a TIAA Representative: Visit Website www.tiaa.org/schedulenow or call 800-732-8353.
INPRS SSA Workshops
The Indiana Public Retirement System hosts educational webinars each month.
Register:
https://www.in.gov/inprs/retirement-education/workshops-and-counseling/
Meet with an INPRS Representative: Visit Website or call 844-464-6777.
Planning for the future is important for you and your family. Ensure there is no confusion as to what your wishes are for your health and finances, by planning.
- Prepare a will or power of attorney that has instructions for health and finances in case you are not able to make your own decisions
- Ensure all beneficiaries are up to date:
- Life insurance
- Retirement plans - TIAA & INPRS
- HSA Accounts
- Bank Accounts
- Purchase life insurance to cover yourself or your spouse
- Until enough Sick Time is accumulated, purchase Short-term Disability
- Make sure you are covered for medical, dental and vision if needed (Open Enrollment is in November)
- Take advantage of the EAP Will Preparation tool at guidanceresources.com - and other EAP benefits
- Know your USI Benefits, they help you financially from tuition fee waivers to retirement plans
The University has a great fee waiver benefit to help with the expense of education for the employee’s dependent children. The fee waiver waives 75% of the applicable tuition and fees. For the rest, Indiana CollegeChoice529 plan is a great savings option.
Outreach and Engagement offer personal finance classes under Personal Enrichment
Relieve stress and anxiety with group yoga or exercise classes at the Recreation and Fitness Center
Take advantage of USI's Time to Get Fit Program which allows you to use 1 hour of paid time per week devote to pre-approved fitness activities. This activity is subject to eligibility and approval.
Sometimes financial emergencies happen and leave people broke with no way to pay for the necessities. The following is a list of resources from financial assistance, to food and clothing.
Archie's Closet - Archibald Eagle's Food Closet is a service for all members of the USI community to promote the health and wellness of USI students and employees. Archie's closet is a place on campus where food and personal care items can be obtained by students or employees who may find themselves in need. All requests for assistance are confidential.
Evansville Rescue Mission - The Evansville Rescue Mission provides, food, clothing, shelter, childcare and counseling.
Christian Life Center - With the goal of moving individuals from a place of need to their potential, the Evansville Life Center helps with Food, Clothing, Shelter and more.
HOPE of Evansville - First time home buyer Program, individual account development program, default/foreclosure counseling.
Community Action Program - A variety of home ownership programs directed at helping first time home buyers. Also energy assistance programs and summer cooling programs.
Family and Social Services - Indiana Family Social Services Association Resource for local counties.
In today’s world, despite consumers realizing the need to become more vigilant in scrutinizing emails received from retailers or banks, an email that is not caught by a spam filter can cause a false sense of security, leading a person to believe it’s from a legitimate source. These emails then request more personal information or prompt the consumers to update their account, on a site set up by the hackers. Once they have passwords to bank accounts or retailers, they can clean out accounts or make fraudulent purchases. This practice is known as “spear-phishing.”
If you are eligible for the University's Basic Life plan then You have access to ID Theft Protection benefits. Below are some guides to those benefits.