Human Resources is pleased to continue a series of Financial Wellness sessions this year, made possible by Illinois Tech’s partnership with PNC Bank. The first session of 2025 on Wednesday, February 19 will feature an introduction to PNC's workplace banking benefits, which are available to all Illinois Tech employees regardless of whether or not they have accounts with PNC.

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Due to recent legislative changes, beginning with the 2025 plan year, which impacts 1095-Cs distributed in 2026, Illinois Tech will furnish 1095-Cs only upon request. Please note that all covered and non-covered eligible employees will receive a 1095-C form for 2024 in the mail soon. The notice below pertains to 1095-C forms that will be distributed in 2026 and subsequent years.

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Illinois Tech will be hosting our dedicated TIAA education consultant at Mies campus on two dates this spring for your financial planning and retirement readiness needs: Thursday, February 13, and Tuesday, April 1.

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Hinge Health is excited to host an event that provides insights and education on pelvic health and the new pathway. Join them January 22 for a conversation with expert physical therapists who will demystify the pelvic floor, identify common signs and symptoms of pelvic floor disorders, and discuss when to see a pelvic floor physical therapist for expert care.

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January 10, 2025, is the first biweekly paycheck date of the new year. Staff members should review paystubs to ensure accuracy of any benefit changes made during open enrollment, new FSA elections, and 403(b) election changes.

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As we head into 2025, the Office of Human Resources has some important benefits related reminders on what you can expect going into the new year.

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The Office of Human Resources is aware that many faculty and staff may have received emails from a group with the domain "Federal Retirement Guidance Hub." Please note that this group has no affiliation with the university. We recommend that recipients mark the messages as phishing or spam.

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The IRS announced on November 1, 2024, that maximum contribution limits for 403(b) plans are increasing in 2025. It also clarified the extra "super catch-up" amount available to individuals 60–63.

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The Tuition Exchange program is a nonprofit organization of more than 700 colleges and universities that agree to a reciprocal scholarship program. Illinois Tech accepts applications from eligible faculty and staff and their dependents each fall for Tuition Exchange scholarship opportunities at other participating universities. Faculty and staff or their eligible dependents may apply for a scholarship as long as they meet certain criteria.

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