Helpful Outside Resources

Resources for Tax Preparation and Planning

Great resources for tax preparation and planning.

IRS: Free tax preparation by volunteers

IRS: Locate Free Tax Prep

IRS: Earned Income Tax Credit – Do You Qualify?

U.S. Government Connect: Top Eight Tax Credits

IRA Basics 2019

Please contact a tax preparation professional for assistance.

What Social Security Can Mean for You? Watch Video

Social Security 101: What's in it for me?

From Social Security Administration (SSA): “Are you a college student or young worker getting started on your career? Curious what that FICA tax is that comes out of your paycheck? Want to know how Social Security can help young people? Are you looking for tips on saving and planning for your financial future?

If you answered “yes” to any of these questions, this video on the SSA site, “Social Security 101: What’s in it for Me?”, is for you. After you watch it, please share it with other college students and young workers in your community!”

Tools You Can Use

SSA.Gov Retirement Planning Tools

Secure Retirement Timeline

July 2020 - SEIU 775-bargained retirement contributions increase up to a maximum $0.80 per qualifying hour
July 2019 - Access to online participant balance, vesting and beneficiary information
July 2019 - Plan year, participation and vesting rule changes
July 2019 - SEIU 775 successfully bargains for retirement contributions up to $0.65 per qualifying hour
February 2019 - Summary Annual Report mailed for the plan year ending February 28, 2018
December 2018 - Statements mailed for plan year ending Feb. 28, 2018
July 2018 - SEIU 775 successfully bargains for retirement contributions equal to $0.50 per qualifying hour
February 2018 - Summary Annual Report mailed for plan year ending Feb. 28, 2017
December 2017 - Statements mailed for plan year ending Feb. 27, 2017
July 2017 - SEIU 775 successfully bargains for retirement contributions equal to $0.25 per qualifying hour
June 2017 - Existing participants mailed a Summary Plan Document
February 2017 - Initial Plan Design Complete and Plan Document Approved
March 2016 - Secure Retirement Plan goes into effect and begins receiving contributions for hours worked since July 1, 2015
July 2015 - SEIU 775 successfully bargains for retirement contributions equal to $0.23 per qualifying hour

IMPORTANT NOTE ABOUT QUALIFYING HOURS
The vesting rules changed on July 1, 2019. If you were not yet vested on that date, work 1 additional qualifying hour to become vested in your current Account! (Note: This must occur prior to a permanent break in service for you to vest in contributions already made to your account. If you don’t meet the hours requirement for 5 plan years in a row, you will experience a “permanent break in service” and forfeit amounts contributed to your account before the permanent break. If you need help finding a new client, you may want to check out www.carinacare.com.