Financial Advisor Reimbursement Program FAQ

Financial Advisor Reimbursement Form 

  1. Why is the University offering a financial advisor reimbursement program?

    In accordance with best practice, USF no longer offers complimentary financial services from a single advisor. Effective January 1, 2015, benefits-eligible faculty and staff may be reimbursed up to $200.00 per calendar year for consulting services from a financial advisor of their choice. This is a taxable benefit.
  2. What type of services are eligible for reimbursement?

    Benefits-eligible faculty and staff can seek professional assistance from a financial advisor of their choice regarding financial objectives that include tax planning, asset allocation, risk management, retirement planning, and/or estate planning.
  3. How much will I be reimbursed?

    The amount reimbursed will not exceed $200.00 per calendar year. This is a taxable benefit.
  4. Who is eligible to receive this reimbursement?

    All benefits-eligible faculty and staff are eligible to receive this financial advisor reimbursement.
  5. How do I submit a reimbursement form?

    First, submit an online Financial Advisor Reimbursement Form. Additionally, submit the supplemental materials described in question six via email to or in person to Human Resources in Lone Mountain Main 339.
  6. Do I need to include an invoice with my reimbursement form?

    Yes. In addition to completing the reimbursement form, include a copy of the invoice from the financial advisor with the following information: financial advisor’s name and/or company, date of service, and dollar amount paid for the consultation.
  7. When can I submit my reimbursement form?

    All supporting documents must be submitted to or Human Resources in Lone Mountain Main 339 within 60 days of the invoice date to be eligible for reimbursement.
  8. How will I receive my reimbursement?

    Reimbursements will be added to regular paychecks and taxed accordingly.
  9. How long with it take to process my reimbursement form?

    Please allow 2 to 3 payroll cycles from the date that forms are submitted to receive a reimbursement.
  10. How often can I see a financial advisor?

    There is no limit to the number of times that financial advisor services may be used. However, USF will only reimburse up to $200.00 per calendar year for these services. This is a taxable benefit.
  11. Is this an annual benefit?

    Yes. Each calendar year from January 1 through December 31, USF will reimburse benefits-eligible faculty and staff up to $200.00 for financial advisor services. This is a taxable benefit.
  12. Can USF assist with providing a financial advisor?

    No. USF cannot endorse any particular financial advisor or organization. However, as a reminder, employees can also meet with representatives from USF’s retirement plan providers, TIAA or Fidelity, on-campus or over the phone for free, one-hour individual consultations. Otherwise, a financial advisor’s credentials and background should be carefully reviewed before engaging their services. Below are some websites that may assist with finding a financial advisor: