TO: Sonoma State Faculty and Staff
FR: Payroll and Benefits
This month, partnering businesses have made available a few special promotions for SSU faculty and staff. The end of the year is a good time to review your personal finances and take advantage of resources available to you.
ScholarShare
California’s state-sponsored 529 college savings plan, offers low fees, tax advantages, a variety of investment choices, no annual account maintenance fees, and flexible savings options to meet your unique savings needs. With a low initial contribution amount of $25, ScholarShare makes it easy for anyone to get started.
If you have been considering putting money away for college-related expenses, consider ScholarShare, and this timely holiday promotion:
Between December 8th and December 12th, State employees who open a new ScholarShare 529 account with $50 and set up recurring contributions of $25 or more for 6 consecutive months, will receive a $50 Target gift card.
For more information, please visit the ScholarShare website at: www.scholarshare529.com/holidayoffer.
California Casualty
The CSU Auto, Home & Renters Insurance Program by California Casualty offers competitive employee-only rates and generous discounts! Bundling your policies will also help you save with Multi-Policy and Multi-Car Discounts. Each policy includes special benefits for higher education employees: $0 deductible vandalism or collision to vehicle while parked on campus, free ID Theft Protection, Pet Injury Coverage and E-Z monthly pay or payroll deduction option. For a limited time, they are offering a $25 AMAZON.COM gift card to say “thank you” for completing an auto quote. Get your quote today!
Redwood Credit Union
Holiday spending is often a spending plan-buster. The expenses can be numerous: presents, wrapping paper, cards, decorations, food, and travel, to name a few. Yet very few people have an unlimited holiday budget. Here are a few tips from Redwood Credit Union on how to “Get Creative! Ways to Lower Holiday Spending.”
SSU employees that open a new account are eligible for added benefits and discounts. Anyone interested in opening an account can do so by visiting www.redwoodcu.org. Employees can also schedule an appointment or contact Redwood Credit Union’s Rohnert Park Branch directly by emailing rmccullough@redwoodcu.org or calling 707-545-4000 x 80799. More information on benefits available to SSU employees can be found here.
Patelco Credit Union
Patelco Credit Union, one of the nation's oldest and largest credit unions, focuses on the holistic financial health of their members through education, planning, and some of the lowest loan rates available. Guided by their mission to improve financial health, everything offered is designed for their members’ lifelong financial well-being. Employees can access a variety of pre-recorded presentations and monthly webinars that cover various aspects of financial wellness.
Throughout the month of December, Patelco will be presenting the following webinars:
Car Buying Decisions – Friday, 12/10 at 12 p.m. End of year is a great time to buy a car and participants will learn tips and tricks to have the best car shopping experience possible. Patelco lending experts will be on-hand to answer questions.
Understanding Credit – Wednesday, 12/15 at 5:30 p.m. Join Patelco as they discuss how to use your credit wisely, and why it’s more important than ever to monitor your credit report.
Reindeer Games with Patelco! – Friday, 12/17 at 10 a.m. Take a break and join Patelco for some holiday fun as they’ll conduct virtual games with chances to win prizes.
Register for additional webinars at https://www.patelco.org/financial-wellness/financial-webinars.
You do not need to be a Patelco member to participate.
Special offer for SSU Employees - Open a membership between now and December 31, 2021, and get a Sonoma State Sweatshirt! Visit the Rohnert Park Branch of Patelco Credit Union at 985 Golf Course Drive, while supplies last!