MSU HR would like to thank everyone who participated in the “What’s Your Financial IQ?” challenge! To celebrate Financial Literacy Month, we teamed up with retirement vendor TIAA-CREF to quiz faculty and staff on their financial knowledge. Beginning on April 1, for 22 days five questions were added each day. The more participants played, the more they were entered to win a tablet computer.

The 1,100 participants, who ranged in age from 18 to over 65, received an average performance of 66 percent on the quiz this year. Participants self-identified their financial subject matter knowledge, ranging from “clueless” to “ready to retire.” MSU employees scored highest on questions related to taxes and lowest on questions related to retirement.

Congratulations to our winners!

Thanks again to TIAA-CREF for sponsoring the challenge. We hope staff and faculty learned the extent of their financial knowledge, and can study in preparation for next year’s challenge!