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How To Build an Emergency Fund

​5/17/2018

No matter how diligent you are about contributing regularly to the Retirement Savings Plan and increasing those contributions when you can, it's always possible that an unexpected emergency — job loss, extra medical expenses, home or auto emergency — can interrupt that savings strategy.

One way to make sure that doesn't happen is to have an emergency fund. Most financial experts recommend an emergency fund of between three and six months of living expenses. If you need help setting up or adding to your emergency fund, these resources can help:

For information about the RSP, call Fidelity at 800-343-0860 (mention plan #57887) or call the Board of Pensions at 800-773-7752 (800-PRESPLAN) and speak with a service representative.