WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

Tax Reform Favors Charitable Giving From IRAs Finds Lord Abbett

Posted by WrapManager's Investment Policy Committee

April 19, 2018

Qualified charitable distributions (QCD) are poised to become even more popular under the new tax law. 

While the Tax Cuts and Jobs Act (TCJA) generally doubled the standard deduction, while eliminating many itemized deductions, financial advisors will want to update their clients on the potential tax-saving benefits of qualified charitable deductions (QCDs) now that they have been made permanent.

Remember that a charitable contribution is itself an itemized deduction, so most taxpayers will no longer receive the full deduction value—unless all other itemized deductions exceed the standard deduction amount. In other words, far fewer taxpayers will itemize, thus fewer taxpayers will be able to take advantage of the deduction for charitable giving.

[+] Read More

Economic/Market Outlook Lord Abbett Company Llc Money Manager Commentary

Stock Market Volatility: Could These Be Future Considerations for Investors?

February 16, 2018
Money Managers continue to reflect on the market volatility from last week, lessons learned, and consider what's to come. This week's post ... [+] Read More

Money Manager Commentary: Why Was the Market So Volatile This Week?

February 8, 2018
Money Managers have had plenty to say about the market volatility that started last week. That’s why this week we’re doing something ... [+] Read More

Lord Abbett Shares Year-End Retirement Checklist

December 7, 2017
Review your retirement plans to maximize potential savings for you and your family... Lord Abbett's 2017 Retirement Tips - Year End ... [+] Read More

Lord Abbett Explores Yield Curve Effect on US Stocks

November 23, 2017
In part one of a two-part Market View, Lord Abbett explored investor concerns about the ongoing flattening of the yield curve. A flat ... [+] Read More

Lord Abbett Reviews 2018 Retirement Plan Limits

November 2, 2017
The Internal Revenue Service (IRS) has released their retirement plan limits for 2018. Lord Abbett believes the information provided to be ... [+] Read More

Lord Abbett: Why HSAs Matter More Than Ever

March 29, 2017
Many experts expect healthcare costs will continue to rise, making it important that advisors help their clients plan ahead. According to ... [+] Read More

Lord Abbett Stocks: Don’t Sweat the Post-Trump

January 31, 2017
Concerns about U.S. equity valuations reflect perceptions that the market has fully priced in prospects for earnings acceleration. But ... [+] Read More

Lord Abbett: Investing in Dividend Payers and Growers

December 26, 2016
We continue to believe investors will be well-served to focus on dividend growth. As bond yields begin to compete with equities, we ... [+] Read More

Lord Abbett 2017 Global Investing Outlook

November 21, 2016
How Policy and Politics Shape the Global Outlook for 2017 As the dust settles from the U.S. presidential election, what might investors ... [+] Read More