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).
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.
By Seth Meisler, CFA, CPA/PFS, CFP®, BFA™ and Marc Usem
“It’s the way the human brain works: when enough events occur in a pattern, we stop thinking and go into macro mode.” N. K. Jemisin
Join Affiance Financial's Seth Meisler and Marc Usem as they discuss the state of the economy and our expectations for the markets in 2020.
When we have an initial conversation with a prospective client, we almost always ask about estate planning.
Affiance Financial invites you to our final Star Wars Movie Event! We’re renting screens at ShowPlace ICON Theatre at West End for a private screening of Star Wars: The Rise of Skywalker.
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.
Affiance Financial is pleased to share the following article by Steven E. Warren, CPA, MBT. Mr. Warren practices accounting and consulting at Schechter Dokken Kanter, a Minneapolis CPA and consulting firm. Mr. Warren can be contacted at swarren@sdkcpa.com or 612-332-9391.
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.
By Seth Meisler, CFA, CPA/PFS, CFP®, BFA™ and Marc Usem
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%.
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