With the hustle of the holiday season approaching, don’t lose sight of end-of-year financial planning for a better 2025.
Possibilities by Pod
Fidelity Investments, U-M’s longtime partner in administering its Retirement Savings Plans, can help you end the year smartly for a prosperous 2025.
Fidelity offers a brief (less than 15 minutes) podcast, Money Unscripted, every other week to address a variety of money matters. Its latest episode, “Year-End Money Moves: Deadlines and Limits,” offers several topics that can help you get a jump on your 2025 finances and retirement savings, including:
- How can I max out my retirement accounts?
- What should I know about FSAs and HSAs?
- How much money can I give as a gift this year?
- Year-end money moves: deadlines and limits
New episodes of Money Unscripted drop every other Tuesday on YouTube, Spotify, Apple Podcasts, Audible and Pandora.
Learn by Livestream
Fidelity and TIAA also offer several media streams to further your knowledge about all matters financial. This includes webinars, podcasts, on-demand videos and more. All are free and open to the public. November programs will include:
Fidelity
Giving Tuesday: Year-end Tips to Maximize Your Impact
Tuesday, Dec. 3 – noon-12:30 p.m.
Learn how to help the causes you care about in a smarter way while harnessing year-end tax incentives. Topics will include how to vet nonprofits; identifying the right vehicles for your donations; and end-of-year money moves to help you give more while saving on taxes.
Women Talk Money: Your Top Questions of 2024
Wednesday, Dec. 11 – 2 p.m.
The goal of this event is to highlight some of the topics women found most important this year, including steps to consider before Dec. 31; savings vs. investing with an eye on taxes; Roth accounts and conversions; and single vs. couple finances.
View more webinars on Fidelity’s events page.
TIAA
TIAA’s live webinars and events will resume in January. During the holiday season, however, it offers several on-demand webcasts you can watch at your convenience. The main topic areas are as follows:
- Save for your goals
- Manage your finances
- Protect your future
- More to learn
To search for events of your interest, view TIAA’s Webinar Lounge.
Check In to Check Out
Events are great ways to increase your financial knowledge, but they can't replace personal connection with your TIAA or Fidelity retirement specialist. You can meet with a strategist virtually, by phone or in person for optimal convenience. Evolving technology allows them to screen-share so you can see your account information in real-time.
To schedule your one-on-one appointment:
- Visit Fidelity's scheduling page or call (800) 642-7131, weekdays from 8 a.m. to midnight. Fidelity offers appointments exclusively for U-M employees every Tuesday from 8:30 a.m. to 5 p.m.
- Visit tiaa.org/schedulenow or call (800) 732-8353, weekdays from 8 a.m. to 10 p.m.
Help at MHealthy
MHealthy also offers several resources to assist faculty and staff with improving their financial well-being. These include education programs and resources, coaches, and immediate assistance for those who need help now.
