Nearly half of all employees say financial challenges cause them the most stress in their lives. It’s important to target stress at the source. Through the Financial Wellness Program, the Employee Assistance & Counseling Center provides personalized counseling and various resources designed to help employees cope with financial stressors. This program is here to empower you to take charge of your finances and financial wellbeing.

See the EACC's financial wellness services below for more information.
 

  • Financial Programs & Events

    EACC partners with the Regions Institute for Financial Education, local credit unions and other organizations to provide you with seminars and workshops on financial topics that matter to you. See what’s coming and save your spot today.

     

    Road to Retirement

    February 5-April 2
    Collat School of Business Suite 153
    Learn how to prepare for a financially secure retirement in this 8-part workshop by the Regions Institute for Financial Education.
    See flyer for more information.
     
     

    SmartPath Webinars

    February 25 & 28
    Online
    SmartPath’s monthly financial wellness webinar series kicks off with "Get Your Money Right" and "Improving Your Credit Score" during America Saves Week 2019 at UAB.
    See flyer for more information.
     
     

    Importance of Saving

    February 26
    West Pavilion Board Room
    Learn about starting a rainy day fund, paying yourself first and finding money to save, in this America Saves Week 2019 presentation.
    See flyer for more information.
     
     

    Wealthy Weekends

    March 2 & April 6
    Collat School of Business Suite 153
    Wealthy Weekends, provided by the Regions Institute for Financial Education, include five educational workshops, opportunity to complete taxes free of charge with a tax professional, plus one-on-one financial counseling session.
    Click here to register.
  • Financial Counseling

    Need financial guidance but not sure where to start? An individualized financial wellness counseling session will help you gain a better understanding of your financial situation, while teaching you the best options for managing your finances and paying off debt.

    The Employee Assistance & Counseling Center offers a variety of personalized services to help you take control of your finances. A financial wellness counselor will work with you to develop a personal financial assessment by analyzing your income, expenses, assets and liabilities.

    To schedule a one-on-one meeting with a financial wellness specialist, call 1-877-872-2327 or 205-934-2281. Or visit UAB Benefits for information on scheduling an appointment with retirement consultants from TIAA and/or VALIC.

  • Financial Seminars by Request

    The Employee Assistance & Counseling Center offers personalized financial education seminars by request, at a time and location convenient for your department. Most seminars are designed for groups of 20-30 employees — perfect for staff councils, academic departments and affinity groups. Seminars for larger groups and after-hour sessions are also available.

    Choose the financial topic that fits the needs of your group, from navigating UAB’s retirement plans to estate planning. With advance notice, we can develop a custom presentation. Submit a request online, and a member of the EACC Financial Wellness team will contact you within three business days to discuss your group’s programming needs.

    Submit a Request

     



  • Preparing for tax season

    The earlier you start the prep work for your income taxes, the more successful your tax return experience will be. Below are three tips for a successful tax season.

    1. Gather your receipts: Before tax forms start arriving, sit down and make a list of all the documents you will need to file your taxes — W-2s from your employers, 1099s from your bank, 1098s reporting mortgage interest, tuition payments, etc.
    2. Track your donations and dues: If you donate to charitable organizations or pay dues to professional organizations, which can range from animal rights groups to dues paid for realtors and even CPAs, you might be able to take that contribution, or a portion of it, as a tax deduction. At the end of the year, you should receive either an email telling you how much you donated or a receipt explaining how much of your payment is tax deductible. If you have not received your documentation by the end of January, follow up with an email or phone call.
    3. Know the dates: April is well known as tax month, but there are several other important dates throughout the year. Quarterly taxes for your business, for example, are due the 15th of April, June, September and January, so make sure to file and pay if you need to. And by Jan. 31, you should have received all of your tax documents, including W-2s and any 1099s. If you find yourself missing any documentation, you may need to reach out to your IRA program manager, former employers or companies you did consulting for during the year. Most organizations are good at getting these documents out the door, but it's important not to fall behind.

    Look for EACC Financial Wellness Counselor Cecelia Boyd's Financial Tip of the Month in the UAB HR newsletter.

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