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A magazine from WEA Trust Member Benefits

SUMMER

2010

The Key to Member Nick Havlik’s Long Drive:

Keeping his eye on the ball your money

10 minutes to better finances.

your account

SEP IRA option available for self-employed spouse.

your kiosk

weabenefits.com

Auto Insurance: It’s the law. Is converting your IRA the thing to do?

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CONTENTS

SUMMER 2010

3 YOUR ACCOUNT

- We offer SEP IRAs.

- Socially responsible funds.

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- Let us know your new address. - Scholarships awarded to further financial literacy.

4 YOUR MONEY

- Take ten minutes each week to complete these simple yet important financial tasks.

6 YOUR STORY

- Learn how member Nick Havlik is aggressively saving for retirement.

4 8 YOUR SOLUTION

- Learn more about our expanded financial planning services.

10 YOUR KIOSK

- The IRA conversion cap has lifted for Wisconsin. - Live online educational seminars now available.

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president’s letter

10 © 2010 WEA Member Benefit Trust. All Rights Reserved.

Dave Kijek, President/CEO, WEA Trust Member Benefits

Golf. Personal Finances. No big difference.

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I like to golf. And I know that perfecting a golf swing and improving your game takes a lot of time and practice and sometimes some professional help. Our personal finances are no different. We need to spend time managing our money if we intend to improve our situation, but it’s easy to neglect our financial health with all the other distractions and obligations we have coming our way. In this issue, you’ll see as little as 10 minutes can be enough

to take care of some important financial matters. (See pages 4–5.) Additionally, Member Benefits is here to assist you in a variety of ways. • Attend a financial seminar, either at a location near you or participate in our new live online seminars from the comfort of your home or anywhere there’s Internet access. • Register for a phone consultation to speak with a consultant about your personal insurance or retirement investments needs. • Check out our new financial planning services on page 8. The program was expanded to offer a continuum of services for every stage of your life.

Like a golf swing, finances aren’t perfected overnight. It takes time, practice, and sometimes a little professional help. Call us. We’re here to serve you and help you perfect your financial game plan. Enjoy your summer!

weabenefits.com


{ your account IRA and 403(b) News We offer Simplified Employee Pension (SEP) IRAs

Members who have spouses—or other eligible family members—who are self-employed are eligible to participate in our SEP IRA program. This retirement plan provides self-employed individuals and small business owners with a simplified way to make contributions toward their retirement. For more information, call us at 1-800-279-4030.

Socially responsible funds

At Member Benefits we offer a wide variety of quality investment choices. One of those choices is a socially responsible investment (SRI) fund. For those of you not familiar with these investments, SRI funds not only screen securities for potential returns but also for social and environmental business practices. For example, our Parnassus Equity Income Institutional fund screens companies for environmental, employee relations, employment diversity, community involvement, and ethical business activities. In addition, SRI funds may not invest in companies that manufacture alcohol or tobacco, are involved in gambling, manufacture weapons, or generate nuclear power. With this additional evaluation process, SRI funds have a smaller number of investment opportunities available, which may hinder their performance. If you have questions about SRI funds or other investments available, please call us at 1-800-279-4030, Ext. 8568.

Keep in mind that mutual fund investments are not guaranteed and may gain or lose value. Past performance is no guarantee for future results. Future performance may be lower or higher than past performance. Before investing in any mutual fund, call WEA Trust Member Benefits at 1-800-279-4030 to request a prospectus. We advise you to read it carefully and consider the fund’s investment objectives, risks and charges and expenses carefully before investing. The prospectus contains this and other information about the investment company.

New address? Let us know.

If you have recently moved or have plans to move this summer, please let us know your new address. The Health Insurance Portability and Accountability Act (HIPAA) prohibits the WEA Insurance Corporation from sharing any personal information with other organizations, including WEA Trust Member Benefits. Contact us directly at 1-800-279-4030 to make your address change.

Give us a call. We’d love to hear from you.

Too busy during the school year to find answers to your questions regarding your retirement accounts and personal insurance? Take advantage of this summer and give us a call. We’re here to answer your questions. And don’t forget, family members are eligible to participate in our IRA program as well as our personal insurance. (Restrictions apply.) Retirement and Investment Services: 1-800-279-4030 Personal Insurance: 1-800-279-4010

Shape up your finances this summer

Take time this summer to get financially fit. Attend our free $hape Up financial seminars to learn about the Wisconsin Retirement System (WRS) and how taking advantage of a low-cost 403(b) savings program may help you reach your retirement goals sooner. Seminars run through August 10. Go to weabenefits.com/shapeup or call 1-800-279-4030, Ext. 1111. weabenefits.com

Scholarships awarded to further financial literacy WEA Trust Member Benefits is providing scholarships for two attendees of the National Institute for Financial and Economic Literacy program hosted by Edgewood College in Madison this summer. This year’s scholarship winners are Steven Jancik, a high school economics teacher in the Racine School District and Pete Christopherson, a government, economics, and geography teacher in the Oostburg School District. The program, which has sessions running from June through August, is designed to provide educators with the tools and training needed to teach financial education—from basic to advanced. For more information about opportunities for educators available through the National Institute for Financial and Economic Literacy program, go to wdfi.org.

CHECK OUT OUR calendar of events ✓ Seminar schedules ✓ Descriptions ✓ Online registration Go to weabenefits.com and click on the calendar icon in the bottom left.

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{ your money

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MINUTE FINANCES

Make your personal finances the center of your attention for just 10 minutes each week and see the improvement in your attitude and enjoy a renewed and productive focus on reaching your goals. Here are 10 things you can do that can improve your financial situation in just 10 minutes. 1. Virtual personal inventory Get out the video camera and take a home tour to record your possessions and belongings. Compiling an inventory of your personal property now can save precious time and frustration in the event of a loss. And be sure to keep a copy at another location. Having only one copy in your home won’t do you any good if your house is destroyed. For more information on creating a home inventory and a personal property home inventory worksheet, go to weabenefits.com/inventory.

2. Learn your risk profile When you’re investing, it’s important to understand risk and determine your risk tolerance. Find out whether you’re an aggressive or conservative investor by using our online risk tolerance tool. Answer 13 short questions to help you determine appropriate investments for you. Go to

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weabenefits.com and click on “Financial Calculators” under the Learning Center tab. Then click on one of the calculators under “What kind of investor are you.”

3. Start saving with a 403(b) or IRA Whether you’re just starting your career or you’ve been in education for a while, it’s important to save for your future. We make it easy for you to get started by using our online enrollment. Go to weabenefits.com and click on “Open a TSA/IRA” in the left-hand navigation or call us at 1-800-279-4030. Even though 403(b) contributions may not start until the fall, the summer is an ideal time to open an account so it’s ready to go.

4. Stop the flood of credit card offers If you’re tired of having your mailbox crammed with unsolicited mail or just don’t want the temptation of pre-approved credit offers, you have the option to opt out of receiving these offers. Call 1-888-5-OPTOUT or go to optoutprescreen.com. weabenefits.com


5. Register to Shape Up your finances Commit to increasing your financial literacy this summer by registering for a financial seminar. Seminars are free and are offered at various locations around the state. Invite a colleague and make it an event. Find seminar descriptions, schedule, and online registration at weabenefits.com/shapeup.

converting a Traditional IRA to a Roth is worth it. Use one of the financial calculators at weabenefits.com/calc to create a workable plan to improve your financial situation.

10. Register for a personal phone consultation Do you have questions about retirement savings or your personal insurance? Sign up for a personal phone consultation and talk with one of our consultants to get the answers you need. Go to weabenefits.com/consults to select a time that’s convenient for you.

6. Keep tabs on your credit score Fight identity theft by monitoring and reviewing your credit report each year. You can request a free credit report annually from each of the three credit reporting agencies (Experian, Equifax, and TransUnion). Go to annualcreditreport.com to view your credit report online or call 1-877-322-8228.

7. Rebalance your retirement accounts Rebalancing your retirement accounts allows you to maintain the desired asset allocation mix and keep your risk level in check. Over time your investments may get out of alignment with your investment style and strategy. By rebalancing, you’ll ensure that your portfolio does not overemphasize one or more asset categories, and you’ll return your portfolio to a comfortable level of risk. If you have retirement accounts with us, you can easily review and rebalance your investments online at weabenefits.com.

{ FEEDBACK

Do you have a story to tell? Do you want to tell us what you think about the magazine or suggest an article idea? Send an e-mail to memberbenefits@weatrust.com. Please type “your$” into the subject line.

8. Review beneficiaries Any time you have a life-changing event (e.g., marriage, divorce, or death), you should review your beneficiary designations for Wisconsin Retirement System (your state pension plan), your 403(b) and IRA accounts, as well as any insurance policies. Remember that beneficiaries designated on these accounts supersede any designations stated in your will.

9. Play around with financial calculators Do you want to know what it will take to eliminate your credit card debt, save for college, or reach your retirement goal? Or maybe you want to know how much life insurance you need, how increasing your savings will impact your nest egg and retirement date, or whether weabenefits.com

Lower loan rates mean lower monthly payments now THAT is something to smile about!

800-457-1142 . weacu.com *Membership eligibility required. APR = Annual Percentage Rate. Approval subject to normal credit standards. Offer valid for a limited time. Repayment example: 4.5% APR at 36 months is $29.75 per $1,000 borrowed.

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{ your story

NICK’S LONG DRIVE TO RETIREMENT Do you know any 24-year-old who saves for retirement at a rate well above the national average, appears immune to the pressures of a spend-happy society, and still enjoys a fun and fulfilling lifestyle? Meet Nick Havlik.

N

ick Havlik, 24, is serious about saving. In 2008 when he started teaching in Brookfield, he was putting upwards of 40% of his salary into retirement savings accounts. No, that’s not a typo. He has since settled on 20%—still well above the national average (currently at 6%) and the alltime high of 14.6% (1975) [US Department of Commerce Bureau of Economic Analysis]—but only because he purchased a duplex and has a loan from graduate school to pay off. As strange as it might seem for a 24-year-old to be this focused on saving for retirement, it makes perfect sense to Nick. He knows exactly what he’s doing. His strategy is to front load his retirement savings and let compounding do the heavy lifting to build his nest egg. “It is unusual. The likelihood of anyone in their first few years of their career opening up a retirement account is pretty low,” says Sharon Langdon, a Worksite Benefit Consultant at WEA Trust Member Benefits. “When members start out they are focused on the job, the kids, the school. Their personal stuff gets put on the back burner.” Langdon has spent the last four years educating and consulting with Wisconsin public school employees about retirement savings. “One thing I hear regularly from members is ‘I wish I had started saving earlier.’” According to a 2009 survey released by the Consumer Federation of America and the

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Nick on budgeting. I know where my money is going. You can’t live within your means if you don’t know what and how you spend.

Nick on debt. I don’t like giving credit/loan companies free money, so I borrow as little as possible. I have a loan from graduate school, but I’m dead set on paying that off within a year.

Nick on saving and investing. I am an aggressive investor for now. I can stomach the ups and downs of the market because I have a long career ahead of me. I will likely change my strategy to something safer as I get closer to retirement.

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Employee Benefit Research Institute, a declining percentage of Americans believe they are saving enough for retirement. The survey of more than 1,000 adults found that more than half of workers feel they are behind schedule for planning and saving for retirement. As public school employees, your employer contributes to the Wisconsin Retirement System on your behalf, covering a portion of your retirement needs. But that may not be enough to replace the needed income in retirement, especially for those further out. According to Michelle Slawny, a Certified Financial Planner™ who provides an array of financial planning services at Member Benefits, “The retirement landscape is changing. You can’t expect to retire based on how others have done it in the past.” The Center for Retirement Research found a clear shift from a defined benefit plan where workers receive pension benefits—based on years of service and final salary—to a self-funded model where individuals are responsible for their own savings. “Members need to be aware and plan ahead. No one wants to be surprised in the end,” Slawny adds. In addition to reaching your retirement goals faster, saving earlier on in your career may allow you the flexibility to reduce your contributions later if you decide to cut back your work schedule or take a leave of absence for personal or family reasons.

The plan is born

Nick had no idea that one of the most important take aways from his student teaching experience would be about his future financial security. “I sat down with my cooperating teacher to talk about a variety of things regarding teaching. I was expecting him to say ‘go get your master’s, make sure you have detailed lesson plans, and be active within the school.’ While we eventually got to these topics, the first three things we talked about were Roth IRAs, 403(b)s, and how I planned to supplement my income after I retire. I realized that day that if I started [saving] as soon as possible, the burden would be lessened and I would have a good chance of retiring at an age when I could enjoy my life.” For Nick, being able to save is about choices. It’s about being frugal. Saving weabenefits.com

. Notes from Nick Although Nick has but a couple years of saving and investing under his belt, he has learned a few things he feels might be helpful to others. Live within your means.

“If you want to get ahead, you must be able to make some sacrifices. This doesn’t mean you need to pinch pennies, but you must be frugal. We are a spend-happy society. It’s very short sighted.”

Start early. Save more.

“Day one on the job (or ASAP), sign up for a 403(b) and a Roth IRA. Seek out help from your district Human Resources manager or call WEA Trust Member Benefits. Don’t let valuable time slip away. The longer you wait, the more you’ll have to contribute.” (See chart on page 9.)

Be careful who you take advice from.

“I have plenty of financial advisor friends that want to invest for me and control my money (for a fee). If you, as an investor, take a little time to learn the basics, you can manage much of it yourself. Take advantage of the help you can get for free from Member Benefits or your other providers.” (See Page 8 for information on a free financial consultation.)

Don’t look at your financial statements too often.

“It’s hard. Investors have instant access to their accounts via computers, iPhones, etc., but resist it. Very few people can stomach the swings of losing a couple thousand dollars a day or week. Check your accounts once a year to make sure you’re on track, otherwise let it ride.”

Prove the naysayers wrong.

“There are going to be people who think your goals are unrealistic. It’s difficult to stay on track when others question what you’re doing. Don’t be dissuaded from your goal. I’m saving now so I have more freedom later. I don’t want to have to work part time in retirement to supplement my income.” wasn’t drilled into him by his parents as you might expect, but he says a sense of frugalness was part of the fabric of life in the small town of Westby where he grew up. “Saving for retirement does more than just create a resource you can use for income in the future,” suggests Slawny. “It also forces you to live on less than you earn, meaning you need to replace less income during retirement, thus increasing your chances of a successful retirement.”

Time—The friend

investor’s

best

Compounded interest. Time value of money. These concepts are not wasted on Nick. He recalls learning about compounding in high school. Now, he’s

applying the concept with fervor. “It’s not complicated. You can do a quick Google search or use any of the many online calculators and see how important it is to save early.” Compounding is when earnings on your investments are reinvested in your account. The reinvested earnings may also have earnings, and then those earnings are reinvested and … It’s said that Albert Einstein called compound interest the “eighth wonder of the world.” Any small amount you can start contributing now could benefit you more than larger amounts you contribute later on because of compounding. While it may not be complicated, saving for retirement—especially to the degree Continued on page 9

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{ your solution What to do when you’re…

Just starting out

Building assets

Wondering if you’re on track

Planning your retirement

New financial planning services designed to help members reach their financial goals.

New

New

New

Popular

One-Hour Consultation Get started down the road to financial security with a free one-hour consultation. If you are a newer member or new to investing and retirement saving, this service will assist you with: • Understanding and determining an appropriate asset allocation. • Evaluating your retirement savings account options. • Calculating savings goals.

Portfolio Analysis If you have investments but you’re wondering whether you are invested appropriately for your age, life stage, and risk profile, a Portfolio Analysis may be right for you. This fee-based service is a comprehensive evaluation of your current investment portfolio and will include: • An evaluation of your current portfolio. • Recommended adjustments to align your portfolio with your financial goals, tolerance for risk, and investment objectives.

Retirement Income Projection This slimmed-down version of the Retirement Income Analysis is appropriate if you are 11+ years from retirement and wondering if you are on track to meet your retirement goals or already retired. This fee-based service will provide: • A projection of your retirement expenses and income. • A Wisconsin Retirement System pension benefit estimate for the annuity option and retirement date you provide. • A Social Security benefit estimate.

Retirement Income Analysis More than 300 members have taken advantage of this comprehensive service to help them prepare for retirement. Suitable for those within 10 years of retirement, this feebased service includes: • Knowledge of whether you are on track to meet your goals. • Strategies for preserving your retirement assets. • Suggested adjustments to meet your goals. • Your Wisconsin Retirement System and Social Security benefit estimates. • A retirement distribution cash-flow analysis. • A tax analysis to help anticipate future tax liability. • WEAC members receive a discount.

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WANT MORE? Complete the reply card inside this issue or call 1-800-279-4030, Ext. 2753.

Must be a WEAC member or a Wisconsin public school employee to qualify for the free consultation service. Family of eligible participants— including spouses, children, grandchildren, parents, and parents-inlaw—may participate in the fee-based services. Wisconsin residency required. Restrictions may apply. Terms controlled by signed service agreement. All investment advisory services are offered through WEA Financial Advisors, Inc.

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Continued from page 7

Nick is saving—does take discipline and a lot of foresight. Nick’s money decisions are accounting for the future value of today’s dollar and taking advantage of this once-in-a-lifetime opportunity. “Every year that slips by, you can’t get back. You can play catch-up later, but it will cost you more,” Langdon says. “The cost of procrastinating is steep.” (See chart below.) However, if you haven’t started saving or don’t think you’re saving enough, don’t despair. “There’s no better time than today. Give us a call and we’ll help you get started,” Langdon encourages.

The sacrifice

“There are people who think I’m crazy, that I’m missing out. But I don’t think I’ve given up a lot. While I don’t take extravagant trips or spend money on toys, I still live comfortably and don’t need to pinch pennies to get by.” Nick is unapologetic for choosing to vacation in Northern Wisconsin in lieu of more exotic destinations like Cancun or South Padre Islands. “Our great state has plenty of opportunities for fun—inexpensive fun.” But, it’s not like he doesn’t travel. This year, he plans to vacation in Montana. He also has a summer job with the PGA tour that takes

him to a variety of places. “My friends say they can’t afford to save, but I tell them you can’t afford not to. You can find the money if you’re determined enough.” For example, he chose to drop cable and watch TV through the Internet. He says this pay-as-you-go approach saves him about $400 a year. “Whether it’s cable, a three-dollar cup of coffee, or an expensive toy or trip, it all adds up.” Granted, Nick doesn’t have the responsibility of a family yet. His recent purchase of a duplex did impact his rate of saving, but he sees the purchase as another investment. Plus, having a tenant offsets the mortgage payments.

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Rolling with the market

Nick Havlik teaches Applied Technology and Engineering at Brookfield East High School. “The best part about being an educator is seeing kids struggle with a concept and then being there when they ‘get it.’” Nick has committed himself to saving as much money as he can for retirement before he reaches 30 to maximize the impact of compounding. He enjoys outdoor activities including fishing, hunting, camping, golfing, and boating—all things he plans to actively participate in when he retires.

Market volatility doesn’t bother Nick. In fact, it’s part of his strategy. He started saving when the market was at its peak, and when it dropped in 2008, he seized the opportunity, increased his contributions, and bought low. He sticks with his game plan of putting money away each paycheck, regardless of what the market is doing. “I’m an aggressive investor for now. My money will be sitting in the market for another 35 years. I’m sure I’ll change my strategy as I get closer to retirement, but if I can stay committed, keep my eye on the ball, I’m confident I will attain my goals.”

The Cost of Procrastination

Example: Retirement Savings Goal of $500,000 Years Until Retirement

Must Save Annually

Must Save Monthly

Total Contributions

Cost of Delayed Saving

10

$34,515

$2,733

$345,150

$243,580

15

$18,415

$1,445

$276,225

$174,655

20

$10,926

$849

$218,520

$116,950

25

$6,839

$526

$170,975

$69,405

30

$4,414

$335

$132,420

$30,850

35

$2,902

$218

$101,570

N/A

Assumes an 8% rate of return. These figures are for illustrative purposes only and do not reflect actual performance or predict future results of any investment account. Keep in mind that mutual fund investments are not guaranteed and may gain or lose value. Past performance is no guarantee for future results. Future performance may be lower or higher than past performance. Before investing in any mutual fund, call WEA Trust Member Benefits at 1-800-279-4030 to request a prospectus. We advise you to read it carefully and consider the fund’s investment objectives, risks, and charges and expenses carefully before investing. The prospectus contains this and other information about the investment company.

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{ your kiosk Wisconsin falls in line with Feds lifting of IRA conversion cap Effective January 1, 2010, the IRS lifted the conversion cap on Roth IRAs, allowing workers at any income level to take advantage of the Roth. Although Wisconsin was late to adopt the federal standards, state legislation signed into law in March clears the way for Wisconsinites to convert a Traditional IRA to a Roth IRA without penalty. Why Roth?

Unlike Traditional IRAs, Roths are not subject to minimum distribution requirements. So you won’t be required to start taking money out at age 70½, making the Roth a good estate-planning tool. A Roth also allows you to diversify your tax liability in retirement. Unlike most sources of income in retirement, such as Wisconsin Retirement System, Social Security, pre-tax 403(b) and 401(k), qualified Roth withdrawals are tax free.

How it works

If you convert a Traditional IRA to a Roth, you will have to pay income tax on the entire amount converted. However, the IRS is allowing you to spread your taxes over two years. Convert in 2010 and

you won’t pay taxes on the conversion until 2011 (50% in 2011 and 50% in 2012).

Is a conversion right for you?

If you are thinking about converting, you should consider the following in your decision: • Your expected tax bracket. If your tax bracket will be significantly in retirement, you may be better off leaving your IRA alone and paying the taxes as you withdraw your money. • How long before you take withdrawals from the converted IRA. In general, the longer you have until you withdraw your earnings tax-free, the better because the earnings will have more time to grow. • How you will pay the tax bill. A

Live online educational seminars available at weabenefits.com Member Benefits is now offering free Web-based financial seminars for our members. View these live seminars online from the comfort of your own home or anywhere there is Internet access. Attendees can listen through their computer or phone, and type their questions and comments instantly to the

presenter while the presentation is taking place. For a schedule of online presentations, go to weabenefits.com and click on the calendar icon in the bottom left. Online presentations are listed with below the date. Our online seminars are also recorded and available on our Web site for future viewing. Simply go to weabenefits.com and click on “Seminars” under the Learning Center tab. Then click “Online Seminars.”

conversion makes the most sense if you have money outside your IRA to pay the tax bill. • Will you need the money? If you don’t need the money in retirement, the Roth is a good way to pass tax-free earnings on to your heirs. This is for informational purposes only and not intended to be legal or tax advice. Consult your tax advisor or attorney before taking any action.

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WANT MORE? WI Dept. of Revenue revenue.wi.gov

WEAC IRA program weabenefits.com 1-800-279-4030

40 YEARS

is year, the WEA Trust celebrates 40 years of service to Wisconsin public school districts and your employees. Since 1970, it has been an honor to deliver our mission—promoting the health and financial security to your employees.

Our commitment to provide quality insurance, financial security, and exemplary service to Wisconsin’s public school employees has spoken for itself for 40 years. At this milestone, we remain a strong and stable organization located right here in Wisconsin. We are dedicated to providing solutions and embracing innovations to benefit your district. Our mission, vision, and values, along with our firm commitment to ethics, continue to make us a standout in the health insurance industry.

We look forward to positively impacting the lives of public school employees for many years to come.

To learn more about the Trust’s strengths, choices, and solutions, ask your field representative for a copy of the 2009 annual report, now available.

800.279.4000

weatrust.com

Our commitment to provide quality insurance, financial security, and exemplary service to Wisconsin’s public school employees has spoken for itself for 40 years.

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Simple ways to save a dollar a day In your home

$ Turn off your computer They suck up a lot of energy! Even when they’re idle they’re still using energy. $ Hang your clothes out to dry Your clothes will smell fresh and you’ll save a massive amount of energy by not using the dryer!

On the road

$ Get some fresh air Roll down your windows and turn off the air conditioning. $ Shop for gas online Find the cheapest gas near you at billshrink.com. $ Slow down Drive the speed limit to save gas and avoid costly speeding violations.

For entertainment

$ Look for free events Check the newspaper and Internet for festivals and other low-cost or free community events. Look for statewide events at travelwisconsin.com.

Auto insurance: It’s the law Wisconsinites are now required by law to have insurance to operate a motorized vehicle and must have proof of insurance while driving. The mandatory insurance law was passed last year as part of Act 28, which also raised minimum limits on auto insurance for medical payments and uninsured and underinsured motorist (UM/UIM) coverage. Additionally, Act 28 included new rules that required UM and UIM coverages to “stack” or be added together for up to three vehicles, doubling or tripling the coverage for multiple-vehicle households. The result? You may have more coverage than you want, so adjustments may be required to ensure you have the right amount of protection.

What members need to do:

$ Catch a matinee Movies at 2 p.m. are the same as at 8 p.m., just easier on the pocketbook. Beat the crowd and save money by catching an afternoon flick.

$ Explore the great outdoors Picnics, hiking, and camping are fun and inexpensive ways to spend time with friends and family. $ Host a potluck and game night Instead of going out to a restaurant, invite friends and family over for dinner and have each person bring a dish to pass. Encourage your guests to bring their favorite board game. Board games are great icebreakers and are enjoyed by all age groups.

• Make sure your family has auto insurance at all times. If you need insurance, WEA Trust Member Benefits can provide you with same-day coverage with no down payment and same-day proof of coverage.* • Have proof of insurance in each vehicle to avoid fines. • Discuss with your insurer how the law changes have impacted your coverage and explore the options available to find the right balance between your coverage needs and cost. • Call us at 1-800-279-4010 if you have questions about the new insurance law changes or would like help evaluating your coverage options, or sign up for a personal phone consultation at weabenefits.com/consults at a time convenient for you. Underwritten by WEA Property & Casualty Insurance Company. *Subject to eligibility and underwriting requirements.

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PRESORTED STANDARD US POSTAGE PAID MADISON WI PERMIT NO 2750 PO Box 7893, Madison, WI 53707-7893

Hey, Wisconsin public school employees!

Don’t renew your auto or home insurance policy before checking out the insurance programs offered by WEA Trust Member Benefits.

You’ll love having your

insurance with an organization created just for you. And, it’s not an off-the-shelf policy.

Compare

your current insurance with WEA Trust Member Benefits.

The special features and coverages provide you with more protection.

simply better insurance. You’ll find that it’s

Find out if you qualify for this benefit program. Call 1-800-279-4010 or go to weabenefits.com Auto • Home/Condo • Renters • Additional Liability • Long-Term Care Auto, home and additional liability underwritten by WEA Property & Casualty Insurance Company Long Term Care insurance products are underwritten by multiple LTC providers.


Your$ Magazine -- Summer 2010