January’s Health + Wellness Pulse: Financial Wellness

Do your 2024 resolutions include a fresh look at your finances? Whether you want to max out your 401(k), put more in your Health Savings Account or finally pay off those student loans, take Just One Step toward your financial wellness goals with these helpful tools.

Your One Step This Month:

Set Your Financial Wellness Goals for 2024

Tackling your finances might seem overwhelming, but by taking small, concrete steps right now you can make great strides toward tackling your goals. The new year is the perfect time to identify what you want to achieve and start working now toward a great year.

If you’re not sure where to begin, try using the SMART goal model to create specific, measurable, achievable, relevant and time-bound financial goals.

Here are some examples of what those could look like:

“I am going to save an extra $50 in my HSA every month of 2024.”
“I will take full advantage of my 401(k) match this year.”
“My goal is to earn an extra $200 this month by completing my wellness exam.”

Take a moment now to brainstorm a few of your own, then read on to discover some of the ways your employee benefits can help you reach your financial wellness goals!

Get the most from your HSA.

Health Savings Accounts (HSAs) are tax-advantaged accounts that can help you pay for qualified medical, dental and vision expenses. Money goes into your HSA before taxes, grows income tax free and comes out income tax free when you use it for qualified expenses. That’s a triple tax advantage! Learn more about how your HSA works.

Get an exam, earn $200!

Did you know you can get an extra $200 added to your paycheck just for getting your annual wellness exam? Be sure you take advantage of this opportunity in 2024 and schedule your annual check-up to earn your Wellness Incentive. (But make sure you download this form and bring it to your appointment!)

Study up on student loans.

Whether you’re paying down debt from earning a degree or thinking about taking classes for the first time, you might be wondering about student loans. Fortunately, as part of your benefits through Empower, you have access to tools that can help you pay off student debt more quickly and easily. Watch this webinar to learn more.

Maximize your 401(k) match.

By taking advantage of your 401(k) match, you can maximize the efficiency of your retirement savings strategy. It’s a great way to ensure you benefit from every available opportunity to build a successful financial future!

If you’d like to learn even more about retirement planning, you’re in luck: Empower’s January webinar is called “Retirement Myths,” and it’s all about helping you separate fact from fiction when it comes to designing your retirement plan. Click here to find a session and choose a date and time that best fits your schedule.

Make time to talk to a professional.

Perspectives, our Employee Assistance Program, can connect you and your loved ones to a trained counselor who can help guide you through difficult times. Whether you're concerned about substance abuse, relationships, work, financial matters or you simply need someone to talk to, Perspectives can help you navigate the emotional challenges. Learn how to log in below!

Perspectives Has a New Look – and New Services!

Perspectives, our Employee Assistance Program, is now part of the AllOne Health family! AllOne Health is an industry-leading company with more than 50 years of experience providing high quality employee assistance counseling and work-life resources. By joining forces, Perspectives can now offer a better digital experience and more resources than ever.

To access these services, you'll need to create a free account. Get started by visiting perspectives.mylifeexpert.com to sign up using your company code (see below) and your email address, and then choosing your own password.

Perspectives EAP Company Code

THG, HC+M, Envita & HES

Access code: THG500

Monument

Access code: MON501

Explore Perspectives

Reminder: Get Your New Anthem Information Online

Anthem, our medical benefits provider, will be sending new insurance cards with our updated group number beginning this month. These will arrive at your mailbox in an Anthem-branded envelope.

But if you need to use your benefits and have not yet received your new card, you can still access your updated account information by downloading the Sydney app. Click the button below to learn how!

Learn more