Now is the perfect time for a financial wellness checkup; resources available

Through various departments, benefits and the Healthy Boiler Program, Purdue offers many tools and resources -- in support of the financial wellness pillar of the Healthy Boiler Program -- to assist you with keeping your finances as healthy as possible. They include:

Fidelity
Fidelity is Purdue's official provider of education, guidance and assistance related to retirement plan investments and decisions.

As a Purdue employee, in just 10 minutes you can see a snapshot of your financial wellness, where you stand and how to improve. Take the Financial Wellness Checkup to get started. To learn more about budgeting, borrowing, savings, investing and preparing, visit www.fidelity.com/mymoneybasics. Fidelity’s Financial Health: Know your vital signs article provides information to help improve your overall financial health.

The Fidelity NetBenefits website provides you with information specific to your employee retirement benefits at Purdue. To log in, you will need your NetBenefits username and password. Don’t worry if you can’t remember – or if you haven’t registered as a user yet – it’s quick and easy to do from the main screen.

In addition to your specific retirement account information and alerts, this website provides a plethora of resources to help you get and keep your financial health in top shape. From personalized suggestions to improve your retirement to a library containing financial information in a variety of formats – articles, videos, workshops, infographics, podcasts and calculators and tools – there are sure to be topics of interest for everyone. Plus, there is an online chat function available where you can chat with a Fidelity representative right then and there.

Resources available to department heads and supervisors are outlined here.

Note: Email from Fidelity will come from "Your Benefits Center." Read messages from Your Benefits Center to keep up-to-date on important retirement plan news.

One-on-One Consultations with Fidelity retirement planners

The service is complimentary and planning partners are welcome to join. Services offered include:

Helping you enroll in defined contribution or voluntary savings retirement plans
Answering retirement questions
Developing a comprehensive investment strategy
Helping you plan for retirement income
Explaining your options for taking money from your account(s) at retirement

To schedule a one-on-one appointment, call 800-642-7131 or schedule online.

Ask Fidelity Sessions

Join Fidelity representatives for an open question-and-answer session on the Purdue University Retirement Program. To register for an upcoming session, click here.

For general questions, Fidelity can be reached at 800-544-6868.

HSA Bank
Purdue partners with HSA Bank to administer our HSAs, FSAs and HRAs.

Health Savings Accounts (HSA), Health Reimbursement Arrangements (HRA) and Flexible Spending Accounts (FSA) let you use pre-tax dollars to pay for qualified healthcare expenses. Each spending account works differently. To help employees better understand these accounts, the “How Health/Dependent Care Spending Accounts Work” pdf is available to review.

The HSA Bank mobile app adds a level of convenience to managing your account. Plus you can upload photos of receipts, use the scanner to check for eligible expenses, make a payment and more.

Additionally, HSAs are interest-bearing accounts, which means you have the opportunity to potentially increase your funds by taking advantage of investment options. To learn more, review HSA Bank’s “HSA Self-Directed Investment Options” web page.

To learn more about HSAs, see the following videos:

More information on HSAs, HRAs and FSAs can be found here.

And don’t forget, the Healthy Boiler Program rewards you extra HSA/HRA dollars each year through the Healthy Boiler wellness incentive.

MyMoney

A free service provided by the Division of Financial Aid (DFA), Purdue MyMoney can be used as a resource for those in the Purdue community who have financial literacy questions and looking for helpful ways to handle financial situations faced in everyday life. For instance, the MyMoney website offers resources for parents, teachers, college students and K-12, along with money saving strategies and financial planning information. Visit the MyMoney website at www.purdue.edu/mymoney for details. Those with questions can call to 765-494-5050 or email mymoney@purdue.edu.

Questions

Questions can be directed to Human Resources at 765-494-2222, toll free at 877-725-0222 or via email to hr@purdue.edu.