Financial Literacy Month

Financial Literacy Matters

Understanding the basics of budgeting, saving, investing, and retirement planning can help reduce financial stress and improve your overall financial security. This month is a great opportunity to dive in and evaluate your financial health. Take advantage of the wonderful benefits available to you through Genesco.

Check out EMPOWER

One of the BEST ways to secure your financial future is by contributing to your Empower 401(k) plan. Genesco will match 100% if the first 3% and 50% of the next 2% that you contribute. Here’s how you can make the most of it.

• Enroll or increase your contributions – Even a small increase in your savings today can have a big impact over time.
• Take advantage of the company match. Make sure you are contributing at least 5% to receive the max company match of 4%.
• Review your investment options. Make sure your investments align with your long-term goals. We always recommend speaking to your financial advisor for guidance.
• Don’t forget about the FREE financial tools you have through Empower. Login to your Empower account to access the retirement calculators, budgeting tools and educational resources.

Genesco’s EAP Carelon

Genesco’s employee assistance program can help you reach your goals when it comes to financial planning. Get help with:

• Family Budgeting
• Estate Planning
• Tax Preparation
• Debt Management
• Loans
• Saving for education and retirement

Click here to learn more!