Retirement & Financial Wellness

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.

ID Theft - Protect Yourself

ID Protection - Fraud Alert