Financial wellness impacts our relationship with money and how we manage resources.
Making informed decisions, living within your means, setting realistic goals and preparing for emergencies is how we become financially fit. VCU offers a variety of resources to help you meet your financial goals.
Health insurance premium rewards
Employees and/or their eligible enrolled spouses in COVA Care and COVA HealthAware can earn premium rewards at any time during the plan year. To earn the reward, complete or update your health assessment questionnaire at www.myactivehealth.com/cova. For more information, click here.
Retirement savings benefits
Participate in a Tax Deferred Annuity (TDA) 403(b) program, the Roth 403(b) program as an after-tax savings vehicle and a Cash Match plan for eligible faculty and staff who contribute at least $10 (pre-tax) each pay period. Learn more about these programs.
Retirement counseling sessions
Sign up for individual retirement counseling with vendor representatives to review investment products and individual retirement counseling services.
VCU offers tuition waivers to faculty, adjunct faculty and classified staff. These waivers may be used for academic credit in a VCU undergraduate, graduate or first-professional degree course. The tuition waiver covers standard undergraduate and graduate tuition, university fee, student activity fee, student government fee, technology fee and capital outlay fee. Click here for more information.
VCU employees are eligible for a variety of services and discounts using either their VCUCard ID or a special code. Popular discounts include theme parks, travel and rental discounts, shopping, and area fitness facilities and clubs. Click here for more information.
Work/Life offers lunchtime seminars on financial topics including “How to Read Your Credit Report,” “Your Credit Score,” and “Holiday Budgeting.” To find out what’s being offered this semester, click here.
Each year, VCU Benefits offers a series of financial fitness workshops that are free and open to all university faculty and staff and provide general savings and investment information. For more information, click here.
Virginia Credit Union membership
VCU faculty and staff can join the Virginia Credit Union and save. Take advantage of low-cost financial services and educational resources. Learn more at vacu.org.
Helpful tips for financial wellness:
Create a budget calendar
Start a coupon book
Attend a VCU work/life event about financial fitness
Financial Webinars and online courses:
TIAA offers webinars that can help you keep your financial goals on track. Reserve your spot today at TIAA.org/webinars. These webinars provide general information that you should discuss with your personal tax and legal advisors to determine how it may apply to your individual circumstances. This material is for informational or educational purposes only and does not constitute investment advice under ERISA.
Talent@VCU is your online home for learning, performance management and career development. In Talent there are numerous financial courses such as Setting Your Financial Goals, 5 Personal Finance Tips, Financial Basics Everyone Should Know, and more. Search using keyboard: Financial or Budget