UK Invests for Employees Frequently Asked Questions
UK Invests Program FAQs
What is UK Invests for Employees?
UK Invests is a financial wellness program designed to help employees build a foundation of financial literacy, allowing them to achieve greater financial security and enhance well-being. UK employees will have the opportunity to deepen their understanding of financial wellness, practice financial investing and receive monetary rewards.
Is this program available to all UK employees?
UK Invests for Employees launched its first phase in Spring 2026. In Fall 2026, the program expanded to a select group of full-time employees.
While expanding UK Invests for Employees, we are still implementing the benefit in phases, making sure to include a cross section of campus and UK HealthCare areas, using a data-driven approach to maximize available resources in alignment with institutional priorities.
Why is the university offering this program to employees?
UK Invests for Employees aims to empower faculty and staff to strengthen their financial well-being.
I have a question about this program. Who can I contact for help?
We are ready to support you. Please email ukinvests@uky.edu with questions.
How will I know if I am eligible?
If you are an eligible employee, you will receive an email invite to your UKY email from UK Invests for Employees. That email has a sign-up link for employees to use to sign up. If you are not eligible and receive this email, the sign-up link will let you know that you are not eligible at this time. As the program expands, UK Invests will invite you via email.
How do I sign up?
The select group of employees invited to UK Invests for Employees will receive an email with a link to Fidelity. Employees will follow the the link, download the Fidelity app and follow the steps to sign up for UK Invests and open a brokerage account.
Can employees use worktime to complete or participate?
No. Because UK Invests for Employees is a voluntary program, employees are not permitted to count participation in UK Invests for Employees activities as working time. Employees should work with their supervisor to flex their schedule to allow for participation.
If I am also a student, can I participate in both UK Invests for Students and UK Invests for Employees?
Yes. Employees who are also students may participate and earn money in both programs.
Will participating in UK Invests for Employees affect my other benefits (retirement, healthcare, etc.)?
Participation in UK Invests is separate from your retirement or health care benefits. It is intended as a supplemental financial wellness benefit.
What happens to the money I’ve earned in my brokerage account if I leave the university?
Once you’ve earned the money in your brokerage account, it is yours to keep.
Can I add my own money to my brokerage account?
Yes. You may choose to add your own money to your account.
Will the money I earn be taxable? How will I pay those taxes?
Yes, any money received through UK Invests for Employees will be considered taxable income. The income will be included on your regular pay statement.
How often will the money I earn be transfered into my account?
The University of Kentucky will transfer money directly into your brokerage account every two weeks.
I have Canvas, now how do I use it?
Canvas is the program UK Invests uses to keep track of courses, allow employees to sign up for courses and keep track of employee participation and completion. If you are not familiar with Canvas, please visit this page to learn more about how to use it.