Epic Wellness | Wallet
As part of Epic Wellness Month, this week we are focusing on your wallet.
We can all find ways to use our hard-earned cash more wisely. Whether it’s trying to get better control of your cash flow, pay off debt or saving for the future, there are resources to help you achieve your goals:
Need Help Setting Up A Budget?
- Empower Retirement can help you create a budget in three steps.
- Check out popular digital tools like Wally, Mint, or YNAB (You Need A Budget).
Need Help Managing Your Debt?
- Check this out and learn how snowballs aren’t just fun to throw…they’re also a useful approach to paying off debt.
Want To Become More Financially Savvy?
- Look for our RetireWise programs at a location near you to help establish a budget, learn about tax strategies and more. Contact vailbenefits@vailresorts.com to request a workshop near you.
- Check out the Financial Wellness Show or Mr. Money Mustache.
Looking To Have A Retirement Of Lifetime?
- If you’re not already participating in the 401(k) retirement plan, check it out (Password: EpicBenefits). It’s never too early (or too late!) to begin saving for retirement.
Already Participating In The 401(k)?
- Consider contributing at least 6 percent to get the full 3 percent match once you become eligible. The average contribution for Vail Resorts employees is 13 percent. Empower Retirement’s website makes it easy for you to adjust your contributions and see how that could impact your retirement readiness.
- Roth contributions may help you increase your take-home pay in retirement. Check them out to see how they may be beneficial to your retirement strategy.
- Learn about how Target Dated Funds can offer a convenient, long-term solution for retirement savings.
- Getting close to retirement? Here’s some information you may find valuable.
The EpicPromise Foundation supports Vail Resorts employees and their dependents in times of need through emergency relief grants and educational grants:
- Emergency Relief Grants are awarded to assist with unpredictable life setbacks such as a sudden medical issue, home disaster or other life event.
- Educational Grants are awarded to assist with tuition for any course leading to a degree or certificate for employees and/or your children.
Want To Save Money On Gear?
Check out http://vailresortshealth.com/perks/ (Password: EpicBenefits)
- Take advantage of your Vail Resorts Retail employee discount.
- Save big with our Strategic Alliance discounts.
- Check out Experticity and OutdoorProLink for insider access to tons of the world’s top brands.
Looking To Save Money On Healthcare Expenses?
Employees enrolled in a Vail Resorts medical plan have access to these valuable resources:
- Grand Rounds can help line you up with a top-tier doctor and provide an expert second opinion at no cost to you.
- MDLive allows you to talk to a board-certified doctor via phone or video. Forget long waits and expensive urgent care visits – get help now with doctors on-call 24/7/365.
- UMR’s Health Cost Estimator – Like anything else you spend money on, it pays to shop around for medical procedures. This tool lets you see what you can expect to pay before you go to the doctor. Log in to your UMR account and click the “Health cost estimator” tile on the main page.
- CVS/Caremark’s Prescription Savings Guide – See if you can save money on prescriptions by logging into your CVS account.
Are you a full-time, year-round employee? Flexible Spending Accounts (FSAs) can help you save money on taxes:
- Healthcare FSA can help reduce taxes and increase your take-home pay. On average, this could save you between 23-30 percent in taxes, depending on your contribution.
- Dependent Care FSA – If you’ve compared costs for childcare lately, you know it’s not cheap. Your contributions will come out of your pay before taxes, which is like paying less for your dependent care.
- If you do not currently have an FSA, you will be able to elect the benefit during the next Open Enrollment in July 2018.
Employee Assistance Program (EAP)
ComPsych has tons of articles about financial wellness for all stages of life. Before accessing the articles below, you will need to log in to our EAP (Note: enter VailEAP for the Organization Web ID when you register).
- “Stress & Money Matters”
- “Tips For Saving Money on Your Food Bill”
- “5 Things To Know About Your Student Loans” & “Paying Back Your Student Loans”
- “Estate Planning Checklist”
- And much, much more!
Help Us Help You!
We want to hear from you so we can identify what financial wellness resources you would find useful. By completing this survey on your current financial security, you’ll be entered into a drawing for a chance to win the prizes listed below.
Prizes, Anyone?
What better way to spread the word about Epic Wellness Month than to award prizes that help you reach your wellness goals? Here’s what you could win:
- Apple Watch
- One of 5 FitBit Zips
- One of 5 $50 Visa gift cards
Active U.S. employees are entered into the drawing each time they complete one of the following:
- Create or log in to your Empower Retirement 401(k) account between Jan. 1-31.
- Complete this scavenger hunt on the resources available through our Employee Assistance Program (EAP) (Note: enter VailEAP for the Organization Web ID when you register).
- Be a registered user of Grand Rounds* by Jan. 31.
- Be a registered user of MDLive* by Jan. 31.
- Respond to this Financial Wellness survey by Jan. 31.
*Grand Rounds & MDLive are only available to employees enrolled in a Vail Resorts medical plan.
Additional Epic Wellness Information
To learn more about these and other wellness resources, visit VailResortsHealth.com (Password: EpicBenefits). We hope you’re able to utilize these important resources and remember, we’re always here to help. If you have any questions or concerns, please don’t hesitate to reach out to your local HR office or the Benefits Services Group at VailBenefits@VailResorts.com or 303-404-1010.