January often brings renewed focus on diet and exercise, but it is also Financial Wellness Month. Some financially healthy habits you can develop this year include:
Ask for help. Participants in Wespath retirement plans have access to financial planning through EY Financial Planning Services (EY) at no additional cost*. Whatever your salary, whatever your savings, financial planning is for everyone. Contact an EY financial planner at 1-800-360-2539.
Explore resources available to you. EY offers tools for budgeting, debt reduction and retirement planning. Log in at eynavigate.com to learn more.
Pay yourself first. Contributing to your retirement plan directly from your paycheck is an easy way to save. Contact your employer or plan sponsor to enroll or start making contributions to your plan. Plus, increasing your retirement plan contribution by even 1% each year can help you meet your financial goals in retirement. Contact your employer or plan sponsor to increase your contribution today.
*EY Financial Planning Services are available to active participants and surviving spouses with account balances, and to retired and terminated participants with account balances of at least $10,000. Costs are included in Wespath’s operating expenses that are paid for by the funds.
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