Tip of the Month | August 2022

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Common Estate Planning Documents Written By: Ryan Rink, CFP® If you’re a legal adult (over age 18), then you should have some form of estate documents in place. Listed below are common estate documents for individuals and married couples. Will: Names a guardian for your children and distributes assets via probate. Durable (Financial) Power of Attorney: Designates…

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Tip of the Month | July 2022

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529 Contribution Deadlines Written By: Ryan Rink, CFP® Many states offer tax benefits for those who contribute to 529 education accounts. For example, if you are a Wisconsin taxpayer, your contributions to a state-sponsored 529 plan (either Edvest or Tomorrow’s Scholar) may be deducted from state taxable income up to a maximum of $3,560 per beneficiary for the 2022…

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How Should You Pay for Long-Term Care?

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How Should You Pay for Long-Term Care? Written By: Ryan Rink, CFP®, ChFC®, CLTC® As financial advisors, we often get asked how clients should go about paying for long-term care expenses. There is not one broad answer that applies to everyone, so we will run through a variety of different funding options. Self-Funding Self-funding, or…

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Overview of the Wisconsin Retirement System (WRS) Pension

Written By: Ryan Rink CFP®, ChFC®, CLTC® The Wisconsin Retirement System (WRS) pension is one of the top funded and managed public pension plans in the United States. We often find that many clients with a WRS pension know they have a pension benefit, but don’t quite understand how it works. Below are answers to some…

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Tip of the Month | January 2022

Ryan Rink

Written By: Ryan Rink, CFP®, ChFC®, CLTC® Federal Student Loan Payment Pause Extended Until May 1, 2022 The Biden administration recently announced that the payment pause and interest waiver for the majority of federal student loan borrowers has been extended until May 1, 2022. The existing freeze was set to end on January 31, 2022…

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