HR, Payroll and Benefits News

America Saves Week, February 24 - 28: Set a Goal. Make a Plan. Save Automatically.
February 26, 2020

America Saves Week – February 24 to February 28, 2020 – is here! The University of Wisconsin is promoting the America Saves Week campaign and is dedicated to helping you set a savings goal and make a plan to reach that goal.

Visit the UW System America Saves Week website to register for events, including over a dozen live webinars on topics like retirement, savings, budgeting. All events are free – but you must register!

Are you motivated to start saving for your retirement now? An easy and effective way to save is automatically is through the UW Tax-Sheltered Annuity (TSA) 403(b) Program. The TSA can help you invest for your long-term retirement goals. If you already participate in the program, consider increasing your contributions. If you are not a TSA Program participant, sign up today. Through the TSA Program you can invest a portion of your income for retirement on either a pre-tax basis, an after-tax basis (Roth), or a combination of both.

Start Small, Think Big. Remember, when you are getting started, no contribution is too small. Even if you set aside one percent of your salary in the UW TSA 403(b) Program, that’s an important start. You can start with only $8 per biweekly pay period or $20 per monthly pay period. Over time, your contributions will add up. Even small amounts of savings can help you in the future. Save automatically in the UW TSA 403(b) Program.

Source: UW System Human Resources
Categories: Payroll