Category: Your Money
Financial Literacy and Retirement Education available to support your financial future
UF’s Financial Literacy and Retirement Education (FLARE) workshops can help guide you on your journey toward the best possible financial future.
It’s tax time — be on the lookout for forms and a new W-4 for 2020
In addition to filing your W-2, the IRS requires reporting of health insurance coverage information for the 2019 federal income tax reporting year. While it is not necessary to include the actual forms with your tax return, information from IRS Form 1095-B and/or Form 1095-C must be included on individuals’ income tax returns. Please be […]
Florida Prepaid Open Enrollment — now with lowest prepaid plan prices in five years
The Florida Prepaid Plan and the Florida Investment Plan (a 529 plan) offer affordable ways to save for your child’s future college expenses. Lower plan prices are in effect for the 2020 Open Enrollment period, which began Feb. 1 and ends April 30. Prices start at only $44 per month for a newborn. Sign up […]
Are you maximizing your tax-deferring opportunities?
As the new year and tax season are upon us, now is a great time to do a financial check-up to ensure you are taking advantage of the tax-deferring opportunities available to you. “Anything you can do to tax-defer helps stretch your dollar,” said Shannon Edwards, UFHR Benefits director. “The first thing I tell people […]
Verify your benefits deductions for 2020
Whether or not you made changes during Open Enrollment, the New Year is a good time to review your paycheck to ensure your coverage selections are accurate. If you made any changes to the following plans during Open Enrollment, they will be reflected beginning with your Jan. 3 paycheck: Medical/Dependent Care Reimbursement and Health Savings […]
Be on the lookout for W-4 form changes
The University of Florida expects to have the new 2020 W-4 form available in myUFL’s My Self Service module by mid-January of 2020. Due to federal tax law changes that took place in 2018, the 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions. While the Internal Revenue Service (IRS) is not […]
Voluntary retirement savings plan limits increase for 2020
UF’s voluntary retirement savings plans may help increase your retirement security with the added benefits of pre-tax investing.
Opportunities to learn more about the State of Florida’s new shared savings program
Did you know you can shop for healthcare services and earn rewards? The State of Florida offers a Shared Savings Program to reward you for making informed and cost-effective decisions about your healthcare.
Holiday offers and discounts especially for UF faculty and staff
Check out the upcoming promotions right in our backyard — and don’t forget about UF’s GatorPerks discount program as you plan your holiday shopping, travel and entertaining.
Florida minimum wage increase effective Jan. 1
The Florida Department of Economic Opportunity recently announced that the state minimum wage will increase 10 cents from $8.46 to $8.56 per hour.
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