Viewing: Your Money

A reminder to review tax withholding amounts

By on June 7, 2018

All employees are encouraged to review their tax withholding amounts to avoid having too much or too little taken from their paychecks based on the new December 2017 rates and tax brackets.

Review tax withholding amounts to avoid surprises next tax season

By on May 3, 2018

Following passage of federal tax reform legislation in December 2017, all employees are encouraged to review their tax withholding amounts to avoid having too much or too little taken from their paychecks based on the new rates and tax brackets.

2017 Flex Spending Account claims deadline is April 15

By on April 5, 2018

Unused money remaining in your 2017 Flexible Spending Account (FSA) is forfeited, so be sure to submit all claims for 2017 expenses before the final filing date of April 15.

Be sure to watch your mail for important tax reporting documents

By on February 6, 2018

In addition to filing your W-2, the IRS requires reporting of health insurance coverage information for the 2017 federal income tax reporting year.

Did you resolve to become more fiscally fit in 2018?: You can save more with GatorPerks

By on January 10, 2018

Do your resolutions include saving some money this year? GatorPerks is here to help! Be sure to check GatorPerks for exclusive UF employee discount offers on restaurants, travel and much more.

Thinking about retirement? FLARE spring workshops can help

By on January 10, 2018

UF’s Financial Literacy and Retirement Education (FLARE) workshops are here to guide you on your journey toward the best possible retirement. This spring you can learn more about Medicare, Social Security and the Florida Retirement System, as well as sharpen your investment skills.

How the Equifax breach affects you

By on November 1, 2017

In September, Equifax revealed a massive data breach that exposed the personal information of more than 140 million Americans.  Because of this breach, your social security number, driver’s license number, credit card numbers, date of birth and address could now be on the Dark Web.

Higher Education Opportunity deadline extended to Nov. 15

By on November 1, 2017

The University of Florida’s Higher Education Opportunity (HEO) provides children of full-time TEAMS employees with the opportunity of tuition assistance for an undergraduate education at the University of Florida. In spring 2018, Human Resource Services will select, at random from a pool of eligible HEO applicants, 50 TEAMS employees to participate in this program. Each eligible employee may submit one child’s name into the drawing. To be considered for this benefit, the TEAMS employee must apply for the HEO by November 15.

University Press holiday book sale runs through Dec. 15

By on November 1, 2017

 Find the perfect gift for all the important people in your life this holiday season with the University Press of Florida's holiday book sale! From cooking to photography, art, travel, gardening, fishing, sports, literature, history and more, the press has books for every reader.

Have you provided consent to receive your W-2 electronically?

By on November 1, 2017

You can provide consent now to retrieve your W-2 for 2017 electronically in myUFL when it becomes available in January 2018.

Social Security taxable wage base announced for 2018

By on November 1, 2017

The 2018 Social Security wage base increases to $128,700 (up $1,500 from the 2017 wage base).  The maximum Social Security tax employees and employers will each pay in 2018 is $7,979.40 ($128,700 x 6.2%). 

December Leave Cash-out Period is Nov. 6-14

By on October 30, 2017

If you are a TEAMS employee, you may be eligible to cash out up to 16 hours of vacation leave during the pay period of Nov. 3 to 14 if you have at least 40 hours of vacation leave remaining

Higher Education Opportunity scholarship application deadline is Nov. 1

By on September 7, 2017

The University of Florida’s Higher Education Opportunity (HEO) provides children of full-time TEAMS employees with the opportunity of tuition assistance for an undergraduate education at the University of Florida.

President Fuchs announces salary increase pool for faculty and staff merit increases

By on July 12, 2017

On July 12, UF President Kent Fuchs announced a salary increase pool of 3 percent for University of Florida faculty and staff to provide merit increases during the coming academic year.

UF MBA now offering full scholarships

By on July 12, 2017

The UF MBA full-time program at the Hough Graduate School of Business recently announced it would begin offering 100 percent tuition scholarships starting with the 2018 application cycle.

University Press sale runs through June 18

By on May 3, 2017

Find the perfect gift for Mother’s Day, Father’s Day or graduation with University Press of Florida’s Moms, Dads, and Grads Sale!

Lapse in summer deductions for 9- and 10-month employees does not affect coverage

By on April 5, 2017

Employees on 9- and 10-month appointments will not have deductions taken over the summer months for UFSelect, GatorCare and/or state plans. Premiums for these employees’ elected coverage plan(s) are deducted in the fall and spring semesters to pay for coverage in the summer months.

State Employee Adoption Benefit Program

By on April 5, 2017

State employees adopting a child previously in permanent custody of the Florida’s child welfare system may be eligible for a monetary adoption benefit. To be considered for benefits, applicants must apply by April 28.

Faculty and staff parking decals expire May 1

By on April 5, 2017

All University of Florida and UF Health Shands faculty and staff parking decals will expire on May 1, 2017. Please order your new decal by April 15 to assure receiving it on time and avoid parking citations. There are three ways to order.

Join GatorPerks’ listserv to keep up-to-date with the latest UF employee discounts and offers

By on March 1, 2017

Whether you’re planning a spring break road trip or a night on the town, be sure to check GatorPerks for exclusive discount offers first!

It’s tax time! Avoid fraud and keep in mind new reporting requirements

By on March 1, 2017

The IRS PIN program helps thwart tax fraud by providing you with a unique PIN that must be used on your tax return.

Flex spending account grace period available through March 15

By on March 1, 2017

The state’s Flex Spending Accounts (FSA) feature an annual grace period that enables participants to continue to use medical and dependent care accounts for eligible expenses from Jan. 1 through March 15.

Annual drawing awards tuition assistance to 50 children of TEAMS employees

By on March 1, 2017

The drawing for the University of Florida’s Higher Education Opportunity (HEO) program for the 2017-18 academic year will be held on Monday, March 27, from 3:00 to 4:30 p.m. at the Human Resource Services Building, Room 120.

Thinking about retirement? FLARE illuminates the journey to financial security

By on March 1, 2017

UF’s Financial Literacy and Retirement Education (FLARE) program offers retirement resources, including retirement and education planning courses, to help UF employees find the balance between making ends meet today and a comfortable future. FLARE courses can help you make educated decisions regarding personal finance and retirement.

IRS Form W-4 “exempt” status expires Feb. 15

By on February 1, 2017

If you claimed “exempt” from withholding tax on your W-4 for 2016 and want to renew your exemption claim for calendar year 2017, you must update your W-4.