America Saves Week, February 22 – 26, 2021, is a national effort to motivate, support and encourage us to set savings’ goals, make a savings plan, and use automatic contributions to support those plans.
Your savings journey begins when you make a commitment to your financial well-being. Here are few ways to begin an empowered strategy to save for the future:
- Contribute to the GW 403(b) Retirement Plan through paycheck contributions each month. Employees can enroll, update contribution percentages and review/change investments at any time by visiting netbenefits.com/gw.
- Make a retirement counseling appointment with TIAA or Fidelity. Discuss your savings goals, gain a snapshot of how you compare against those goals, evaluate college savings plans, and so much more.
- Create a budget for you/your family.
- Teach children saving techniques with debit cards designed for kids. The cards and accompanying apps can help kids learn money management strategies and decide how to spend, save and give.
- Review your beneficiary elections for retirement and life insurance! Carefully review and update (if necessary) this information at netbenefits.com/gw. ADD Link to Autobene to check life ins beneficiary