Go Save: Financial Wellness at USF

The sooner you start to save, the more time your money has to potentially grow through the power of compounding. You can contribute pre-tax, which may lower your current taxable income. You may also choose Roth after-tax contributions in which you may withdraw money tax free after you stop working.

For a more sure-footed tomorrow, check out how to power up your retirement savings through our USF Savings plan.

For more information about USF's retirement and financial planning, or to make changes to your 403(b) elections, please visit HR's retirement web page or contact Ron Chin, Retirement Plan Manager.

"Self-care" has become an overused buzzword, but the truth is, sometimes self-care requires hard work. Self-care is often the things we avoid doing - like getting honest with yourself about your spending and saving habits. Just as exercise can become part of a healthy routine, you can train yourself to also practice financial self-care. You can learn the best way to manage your finances and improve your financial situation. This may not sound fun, but worrying about debt, paying your bills, and falling short of savings goals can be draining both physically and mentally. Self-care and money can go hand in hand.

Taking clear steps towards your goals can go a long way towards easing stress and improving overall wellness. This checklist can help you get started.

When was the last time you reviewed your retirement plan? Do you know how much you have saved? Are you on track to reach your retirement goals? The earlier you plan for saving, the easier it may be to live the life you want later.

Here are 3 strategies for staying on track.

Elderly Americans, those 60 years old and above, are generally considered to be a vulnerable class when it comes to cybersecurity. With age comes concerns about physical health, mental agility, and overall security. While it is important to look out for the physical safety of the potential victim when looking at elder abuse, financial abuse often can be just as harmful. There are a variety of scams targeting the elders. Staying informed, vigilant, and aware is the best safeguard against financial exploitation.

Review the types of scams and learn how to respond to such instances if and when they happen.