Financial well-being can be defined as “a state of being wherein a person can fully meet current and ongoing financial obligations, can feel secure in their financial future, and is able to make choices that allow enjoyment of life." (Source: consumerfinance.gov)
In addition to offering retirement options for its employees, the University of Iowa sponsors financial education opportunities. Financial well-being programs are offered in collaboration between University Benefits and UI Wellness.
On-Campus and Web Events
Financial well-being classes and events are held throughout the year on a variety of topics ranging from paying off student loans to maximizing your retirement assets. Visit this page for the most up-to-date information on these events.
TIAA
The TIAA website can provide:
- Detailed information about retirement and savings plans
- Information about scheduling on- or off-campus appointments with local TIAA financial advisors
- Tips for managing debt, saving, and investing no matter where you are in life
- On-demand webinars on a variety of financial well-being topics (log in required)
Horizons Financial Health and Wellness
- Horizons offers meetings with a financial expert to discuss financial-management concerns. Employees are eligible for up to three one-on-one financial coaching sessions at no cost. Contact fhw@horizonsfamily.org or 319-653-3123 to learn more or schedule an appointment.
- Horizons provides a wide variety of classes and supports through their programs, many at reduced fees or free.
- Horizons has created an email support program to help you navigate your financial situation throughout the Coronavirus pandemic. A financial counselor will respond to your questions within 24 hours. Email financialhealth@horizonsfamily.org to verify information, get assistance with your financial plan, and connect to local resources.
Other Resources
- Food Pantry at Iowa-The Food Pantry is a free services available for ANY student, staff, or faculty member at the University of Iowa. Visit https://leadandserve.uiowa.edu/organizations/food-pantry/ to learn more or reserve a time to shop. Groceries can also be reserved ahead of time and picked-up at one of the two campus locations.
- Retirement information: Learn about retirement eligibility, benefits options, and other helpful resources for retirees.
- Voluntary Retirement Savings Program
- liveWELL Healthy Living Center via Employee Self-Service
- UI Employee Discount Program
- Flexible Spending Accounts
- Access to the course, Finances of Caregiving, providing participant materials and guidance to assist family caregivers in protecting their assets and preparing for their own retirement while providing care.
- Public Service Loan Forgiveness Program: If you are employed by a government or not-for-profit organization, you may be able to receive loan forgiveness under the Public Service Loan Forgiveness Program