Results of Question of the Month for June 2023
This article is from the July 2023 issue.
Q1: Does your library/organization offer financial education to its employees?
| ANSWER CHOICES | RESPONSES |
| Yes | 34.4% |
| No | 65.6 % |
| COMMENTS |
| Through the county organization we offer state retirement, options to contribute to 457 retirement fund (with employer contribution), health savings accounts (with employer contribution), both our EAP and Benefits offer financial education seminars. |
| This would be an interesting offering for our staff. |
| We have access to Linked In Learning which includes 70 videos on Personal Finance. |
| The library does not offer the education, but, the county HR does offer sessions. |
| Our organization partners with an investment company. |
Q2: If you answered yes to question number one, please tell us what topics have been addressed in the last 5 years?
| RESPONSES |
| We are allowed to take just about any class we’d like. If a full-time staff wants to work toward a degree, whether it’s an undergrad or masters, the library will reimburse 50% after a year as long as a satisfactory grade is achieved. |
| Budgeting, Medicare, Saving for Retirement, the Retirement Process. |
| Includes budgeting, credit, managing personal cash flow, personal investments, managing finances in a financial downturn, financials of retirement. |
| stocks, ETFs |
| All aspects |
| Our parent organization offers retirement information, including one-on-one counseling, and some unions and the EAP offer budgeting training/advice and the like. |
| Retirement planning, Medicare |
| The investment company that we partner with offers talks on a wide variety of topics, such as opening retirement accounts, investing for women, creating a savings plan, balancing budgets and goals, paying down debt, planning for retirement, and leaving a legacy to your heirs. They also offer tie-in information that is specific to our organization and its savings and retirement plans. |
| TIAA/CREF financial literacy; retirement planning; savings for college; preparation for home buying |
| Budgeting, credit repair, retirement planning |
| Retirement, 529 college saving, life insurance, long-term care, health insurance, home/personal budgeting |
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