Financial Wellness Program: Strategies to Thrive, September Spotlight on PSLF Program

September 24, 2024 / Get Well

The Employee Financial Wellness Program continues to provide resources to help you achieve financial independence as your financial wellness remains a priority in 2024. Please check out September’s financial wellness newsletter and the new items below to learn more about the financial education offerings and resources.

All About That Money Tuesdays. SMART Money Goals (Self-Guided Video). You know it’s important to save, but are you saving smartly? In this “Get Smart About Saving” video, Cherry Dale, VP of Financial Education at Virginia Credit Union walks through ways to create and stick to your savings goals. To achieve your goals and surpass expectations, consider incorporating real-world examples that inspire and guide your journey.

Virginia Retirement System (VRS). A solid credit score is key to securing the best loan terms. For tips on establishing credit and how to improve your score, log in to myVRS Financial Wellness and search the Credit Score section.

Planning an “Autumn/Winter” wedding or preparing for the birth of a child? Check out Banzai, designed to empower you on your journey to financial confidence. As you progress through the activities, you’ll have the chance to win cash prizes, tickets, and other giveaways. Participate and enter to win rewards! Most importantly, you will be provided with the peace of mind that comes with financial literacy and preparedness. Click here to learn more about Banzai.

The Virginia Employee Discounts Marketplace (VEDM). September is here and though the leaves may be falling, your discount marketplace is still blooming with great offers! Find exclusive savings and discounts on theme park tickets, HelloFresh meal kits, the latest HP technology, NFL Washington Commanders tickets, mortgages, technology, meal kit boxes, and much more! There are offers available on Rosetta Stone learning programs, and discounts on veterinarian bills with Nationwide Pet Insurance. Your discounts marketplace is here to help make sure you have a cornucopia of savings this fall! (Please note: When you access the discounts marketplace for the first time, you will have to create an account using your work or personal email address. The marketplace will validate your email address to ensure that the entry is not a bot, and then you will be able to access all the available discounts.)

Virginia Credit Union (VACU). Ready to start your homeowner era?

First-time homebuyers, we can help you get started. For a limited time, get $1,000 off closing  costs when you finance with VACU. Plus, they have a team of experts to help you during the financing process. Learn more.

They want to be your home-buying experts:

  • Even more savings. Tack on a Welcome Home Discount, with an average additional savings of $1,500-$2,100.
  • Advice you can trust. VACU has great rates and local mortgage loan officers to help you navigate financing. You may not have done this before, but they have!
  • Low down payment options. Their team will find the best loan for your budget, including low or no down payment options and grant programs for those who qualify. Get started today!

Public Service Loan Forgiveness Program (PSLF). State employees may be eligible for the PSLF 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 about PSLF.

****Public Service Loan Forgiveness Webinar, Sept. 26 – Daily Flyer (nvcc.edu)****

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.

Virginia Department of Treasury’s Unclaimed Property Division. Have you checked to see if you’re missing out on money? TRS offers a user-friendly website and the 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 the free search site to check your name and start the claims process. Search for Missing Money! https://vamoneysearch.gov/

Want More Offerings? .

Submitted by:
Dahlia Henry-Tett, Chief Wellness Officer, employeewellbeing@nvcc.edu