The following article is provided by Ed Slott and Company. Affiance is granted access to this content as part of Financial Planner Seth Meisler’s membership in Ed Slott’s Elite IRA Advisor Group — an exclusive group for financial advisors dedicated to being leaders in the IRA industry.

Starting a new year is often the perfect catalyst for revitalizing your ambition to tackle those tasks which you otherwise just can’t seem to get started on. If you’re feeling nagged by student loan or credit card debt, this article may help you develop a plan that will set you on the path toward a worry free relationship with debt.

Affiance Financial is growing again! This quarter, we added one new face and one old face to our team. Intrigued? Read on for an introduction, and reintroduction, to our latest team members.

by Omer Abramovich

With the holiday season upon us, the idea of giving is everywhere. Giving gifts. Giving to charity. As a new father, I’ve been thinking about what to give my son. Sure, there will be plenty of cute baby clothes and fun toys unwrapped at our house. But what about a really meaningful, lasting gift, like paying for his future education? Or even giving him a jump start on financial independence? What better time to start saving for my son’s future than during the holiday season?

By Steven Schoenberger

I am a big fan of Google, and whenever they ask me to review my account information, they win me over again. What began as a search company has become a digital platform for creating, accessing, preserving, and eventually transferring much of my digital life.

What is the Medicare open enrollment period?

The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year, Medicare plans typically change what the plans cost and cover. In addition, your health-care needs may have changed over the past year.

Thank you to everyone who attended our Tax Planning Presentation on October 3. Seth presented valuable information regarding the recent changes in Minnesota and Federal Tax legislation, as well as some end-of-year tax strategies and reminders. Please click the graphic below to begin the presentation. 

by Marc Usem

The recent plethora of hurricanes are expected to put the economy and the Fed in check. The storms have wreaked havoc with record breaking rainfalls of as much as 50 inches in Texas, and one the largest hurricanes on record engulfing the entire state of Florida. Our thoughts and prayers are with the people and communities affected by the destructive storms. The human toll is tremendous, with millions of people affected. The true economic costs have yet to be tallied, but will likely be the most expensive ever on a combined basis exceeding $250 billion in damage.

by Steven E. Warren, CPA, MBT

by Seth Meisler, CFA, CPA/PFS, CFP®

That day has finally arrived – the day you drop off your child at college. Your child has spent years preparing for this moment, taking standardized tests, filling out college applications, and taking college-prep courses in high school. Your child has left the nest, but hopefully, only to go on to a still somewhat sheltered environment.