At the end of 2019, President Trump signed into law the Setting Every Community Up For Retirement Enhancement (SECURE) Act (A title like that could come in handy for a trivia question someday).
Insight and Events
With 2019 in the rearview, we look forward to 2020. As you can imagine, with a new year comes changes to some key financial planning items. Below is a table showing some of the key adjustments for the 2020 tax year.
When we have an initial conversation with a prospective client, we almost always ask about estate planning.
One in 10 Minnesotans are at risk of hunger each day.
Please join us as we team up with The Food Group — a local food bank dedicated to providing food for the fight against hunger in Minnesota.
With 2019 winding down, it’s time for one more look to see whether there are worthwhile tax saving opportunities that you can still take advantage of before the calendar shuts the door.
As a firm, we are blessed with the clients we have. A number of them go out of their way to help support those they love. This often means helping their parents as they age, but it also includes helping their adult children. While we admire our clients’ desires to help those around them, this could pose a serious issue, maybe not immediately, but rather much further down the road.
From October 1, 1999 to September 30, 2009, a period of ten years, the S&P 500 had an annualized return of –0.2% (this includes dividends reinvested). Emerging markets had an annualized return of 11.7%. Fast forward a decade to the next set of ten year returns from October 1, 2009 to September 30, 2019. During these last ten years, the annualized return of the S&P 500 was 13.2%, while the ten year annualized return of emerging markets was just 3.7%.