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TaxWatch Productivity Awards nominations due May 1

Each year, the TaxWatch Productivity Awards (formerly Prudential Productivity Awards) honor state employees for their innovative and cost-saving accomplishments as well as the measurable contributions, increased productivity and added value of individuals and teams. The 2020 categories are — Technology/Innovation, Quality of Life, Service Delivery Improvement and Agency of the Year — with the hope […]

Florida Prepaid Open Enrollment — now with lowest prepaid plan prices in five years

The Florida Prepaid Plan and the Florida Investment Plan (a 529 plan) offer affordable ways to save for your child’s future college expenses.  Lower plan prices are in effect for the 2020 Open Enrollment period, which began Feb. 1 and ends April 30. Prices start at only $44 per month for a newborn. Sign up […]

It’s tax time — be on the lookout for forms and a new W-4 for 2020

In addition to filing your W-2, the IRS requires reporting of health insurance coverage information for the 2019 federal income tax reporting year. While it is not necessary to include the actual forms with your tax return, information from IRS Form 1095-B and/or Form 1095-C must be included on individuals’ income tax returns. Please be […]

Are you maximizing your tax-deferring opportunities?

As the new year and tax season are upon us, now is a great time to do a financial check-up to ensure you are taking advantage of the tax-deferring opportunities available to you. “Anything you can do to tax-defer helps stretch your dollar,” said Shannon Edwards, UFHR Benefits director. “The first thing I tell people […]

Improvements to enterprise reporting include self-service

A new myUFL reporting and analytics tool with a modernized dashboard was recently implemented to better meet the expanded reporting and analytics needs at UF. UFIT team members will be reaching out to ‘Shared Folder’ and ‘myFolders’ owners to collaborate in migrating their existing content to the new platform. Existing ARS roles will function the […]

Be on the lookout for W-4 form changes

The University of Florida expects to have the new 2020 W-4 form available in myUFL’s My Self Service module by mid-January of 2020. Due to federal tax law changes that took place in 2018, the 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions. While the Internal Revenue Service (IRS) is not requiring […]

Free UF 360 Degrees Mindfulness course resumes with resources available online

The UF Mindfulness team offers weekly free opportunities to reduce stress and connect with a community of mindfulness practitioners. Weekly workshops will resume beginning this Thursday, Jan. 9, in 408 Peabody Hall, from 5:30-6:30 p.m. All students, staff and faculty members also now have online access to the 360 Degrees Mindfulness Course Resources. To learn more about […]

Verify your benefits deductions for 2020

Whether or not you made changes during Open Enrollment, the New Year is a good time to review your paycheck to ensure your coverage selections are accurate. If you made any changes to the following plans during Open Enrollment, they will be reflected beginning with your Jan. 3 paycheck: Medical/Dependent Care Reimbursement and Health Savings […]

Voluntary retirement savings plan limits increase for 2020

UF’s voluntary retirement savings plans may help increase your retirement security with the added benefits of pre-tax investing. The plans allow you to “defer,” or delay, receiving a portion of your income until a later date, generally when you retire. The IRS recently announced that 2020 contribution limits for the 403(b) and 457 voluntary retirement […]

Review printed confirmation statements, upcoming paychecks for changes made during Open Enrollment

While the annual benefits Open Enrollment period concluded in November, now is the time to review your paperwork and online information to confirm any changes you made are accurately reflected and ensure you have the coverage you intended in 2020. In addition to an online benefits confirmation statement, the state of Florida’s benefits administrator, People […]