Upcoming events and news to note:
Health and Wellness Expo
With Fall comes open enrollment and the Health and Wellness Expo. The Expo is an annual event to educate faculty and staff on benefits and resources that are provided to USC employees. Join us from 8 am to 2 pm on September 24th at the Russell House and Catch the Wellness Wave 2.0.
403(b) Tax Deferred Annuity Plan
USC and Human Resources are committed to providing the most competitive retirement benefits for employees. CAPTRUST, an independent retirement plan consultant, was contacted to assist HR in identifying ways to enhance the 403(b) Plan relative to appropriate peer university benchmarks.
Cocky Cards - A New Program of Appreciation
USC's Human Resources is introducing a new program of appreciation. This program is designed to encourage all employees to recognize and express their appreciation to their fellow co-workers throughout the year. A quick and simple way to recognize your colleagues and peers is to send a Cocky Card
IRS Contribution Limits Increased
The Internal Revenue Service (IRS) recently announced an increase in the contribution limit for the 2024 Medical Spending Accounts (MSAs) and limited-use MSAs from $3,050 to $3,200. To enroll or increase their contribution, employees must complete a paper Notice of Election (NOE), sign it and return it to their campus Benefits Office by December 1, 2023.
Future Scholar is a 529 Plan
Future Scholar is a 529 plan that helps you save today for your child's future college education. A Future Scholar account can help you grow your savings more efficiently by offering tax advantages, investment options and flexibility that puts you in control.
Healthcare Providers Out-of-State or Overseas
State Health Plan members have access to BlueCross' network of participating doctors and hospitals throughout the United States through the BlueCard® program and around the world through BlueCross BlueShield Global® Core.
MoneyPlus Vendor Update
Effective January 1, 2024, ASIFlex will be the third-party administrator for MoneyPlus through December 2025.
State Service Award Honorees
Congratulations to all the USC colleagues who reached a significant milestone (10, 20, 30, 40 or 50 years) in their service with the University of South Carolina and the State of South Carolina. The university had 353 honorees from Columbia and system campuses.
Tax Resources Through MYgroup Employee Assistance Program
The tax season is upon us with the deadline of April 15 quickly approaching. Each tax season produces countless questions and concerns about where to find the answers. One resource is our Employee Assistance Program (EAP), MYgroup, that offers a plethora of work-life services to include tax preparation.