There are several planning opportunities for charitable giving with the remaining days in 2020 which can also be tax-savvy moves.
The Gift of Charity
Third Quarter 2020 Wealth Management Strategy: Planning for the Known and Unknown
Third Quarter 2020 Wealth Management Strategies: Planning for the Known and Unknown, by Mary Lago, CFP, CTFA.
Update: Required Minimum Distributions Are Waived for 2020
The Coronavirus Aid Relief and Economic Security (CARES) Act waives required minimum distributions (RMDs) from retirement accounts for 2020.
Wealth Management Webinar Recording: Strategies for Now and Later
On June 22, members of our wealth management team revisited timely strategies regarding retirement, charitable and estate planning.
Baby Steps
All 50 states have now taken steps to re-open according to the Wall Street Journal. While still devastating in magnitude, many high-frequency and leading economic indicators may be past their “worst-ever” levels, showing slight improvement from their recent and historic lows.
A Lost Decade
This morning, the U.S. Bureau of Labor Statistics released unemployment statistics capturing the full effects of shelter-in-place mandates: in April, over 20 million jobs were lost, the highest monthly loss on record. This resulted in an unemployment rate of 14.7 percent, the highest since the Great Depression when unemployment was above 25 percent.
Norris Interviewed on Boise State Public Radio
Jason Norris, CFA, recently spoke with Gemma Gaudette, Daily Show Host for Boise State Public Radio’s “Idaho Matters” news program.
