Financial Wellness Strategies to Thrive: June 2023
As a Virginia employee, you have access to many helpful resources through the Department of Human Resource Management and other Virginia agencies. Please see the financial wellness opportunities for June.
The Employee Financial Wellness Program continues to provide resources to help you achieve financial independence as your financial wellness remains a priority in 2023. Please check out June’s financial wellness newsletter and the new items below to obtain the details of the financial education offerings and resources.
Virginia Credit Union. Surviving in Today’s Economy. In times of economic uncertainty, let’s focus on what you can control. These upcoming webinars will share tips on increasing your value in the workplace, cutting expenses, boosting savings, and reducing debt. Please join VACU throughout the year for live 30-minute session. Register Now! (Employees can now register for sessions throughout the year or all at once!)
Virginia529 (Webinar). Keep your savings for higher education on pace with tuition growth across Virginia. Tune in to this webinar on June 28th at 12 p.m. and learn how to earn a bonus $100 when you save $250 in Virginia529’s Tuition Track Portfolio. Terms and conditions apply. This is a limited time offer before the cost increase on or about July 15th. Read terms and register today!
Virginia Retirement System (VRS). Buying a home is one of the biggest financial decisions you can make. Before you hit that first open house, check out the myVRS Financial Wellness Buying a Home Starter Guide for a quick overview of what you should expect. Ready for a deeper dive? Log in to your myVRS account and select Financial Wellness to take our 17-minute online course and lay the foundation for home-buying (and home-owning) success.
Virginia State Employee Assistance Fund (VSEAF). The Virginia State Employee Assistance Fund provides grants to eligible state employees suffering from a financial crisis as a result of an unplanned emergency/or unplanned event that impacts the employee or family members living in the residence of the employee. The VSEAF is a recognized 501c(3) charity member of the Commonwealth of Virginia Campaign (CVC), Code 203040. Check to see if you qualify.
Virginia Department of Treasury (TRS). Searching for your missing money is now easier than ever! Our new, improved website is more intuitive and also offers a secure document upload feature, making claiming your funds quicker than ever before. Unclaimed property can include dormant bank accounts, uncashed checks, stocks and dividends, insurance proceeds, refunds, and more. Visit our free search site to check your name and start the claims process. Search for Missing Money!
Employee Discounts. AAA, Sam’s Club, vacation packages, flowers and much more are listed under the “Limited Time Offers” section! Be sure to check back often for updates on discounts for you and your family. Check out the State Employee Discounts webpage for more discounts!
Employee Assistance Program (EAP). All health plans offered to state employees and their dependents have employee assistance programs (EAPs). Included are up to four sessions at no charge for such services as mental health, alcohol or drug abuse assessment, child or elder care, financial, grief counseling, and legal services such as estate planning. EAP
Public Service Loan Forgiveness Program. State employees may be eligible for the Public Service Loan Forgiveness Program. Keep reading to see whether you might qualify. The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer. Click here to learn more.
Virginia State Employee Loan Program. Due to the success of the Employee Financial Wellness Program, the Virginia State Employee Loan Program or VSELP will remain active throughout the calendar year, but will be dissolved thereafter. Stay tuned for more information throughout the year.
Republished from the Virginia Department of Human Resource Financial Wellness newsletter, June 1, 2023