Take charge of your finances this new year with your Texa$aver tools
2-minute read
We know financial planning can seem daunting. Fortunately, your Texa$averSM 401(k) / 457 Program account dashboard has some useful tools to help you meet your money goals in the new year. Whether you’re planning ahead for retirement, saving up for summer vacation or just looking to budget smarter, your Texa$aver account gives you a real-time view of your spending, saving and debt to help you take charge of your finances.
Check out these three tools you can use to make sure you keep those financial resolutions this new year.
Linking accounts
Linking outside accounts helps you get a 360° view of your finances. Consider it your one-stop-shop for your total financial picture in your Texa$aver account. The more accounts you link, the more accurate your net worth becomes. You can link an array of account types like checking, savings, credit cards, health savings accounts, 529 college savings, brokerage and stock accounts just to name a few. 😎 Adding accounts is a breeze and rest assured your information is protected by advanced security measures and can’t be viewed by ERS, your employer or Empower, the Texa$aver plan administrator. Watch this short Empower video to learn how to get started linking your outside accounts today.
Budgeting and cash flow
Once you’ve linked your outside accounts, you’ll able to access budgeting and cash flow tools to help establish your monthly budget. You’ll even be able to view month-to-month comparisons to monitor your cash flow and make sure you’re staying on track to meet your goals.
Retirement Savings Planner
The Savings Planner tool helps you plan for retirement primarily by telling you if you’re on track with your savings goals. It can even help with paying down debt or establishing an emergency savings fund.
Log into your Texa$aver account today to access these tools and get started.
If you’re looking for more budgeting tips, check out the Monthly Tip Jar for help creating a budget and establishing an emergency fund.