WrapManager's Wealth Management Blog
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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.

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Economic/Market Outlook Lord Abbett Company Llc Money Manager Commentary

Main Management Reviews Q1 Market Volatility and Its Impact on the Uncertainty Index

April 12, 2018
Taking A Look Back at Major Market Milestones of First Quarter 2018 The first quarter of 2018 was anything but a continuation of the market ... [+] Read More

J.P. Morgan Releases 2Q 2018 Guide to the Markets

April 5, 2018
J.P. Morgan Quarterly Guide to the Markets Now Available  JP Morgan's Guide to the Markets (GTM) for the second quarter of 2018 is now ... [+] Read More

Nuveen Believes Market Fundamentals Remain Solid Over the Long-Term

March 29, 2018
Are investors overly pessimistic about downside market risks? While fundamentals haven’t changed significantly, volatility has picked up ... [+] Read More

JP Morgan Examines Economic Growth and Employment

March 22, 2018
JP Morgan's weekly update offers investors an at-a-glance summary of economic news and reports.This week's update looks at: • Economic ... [+] Read More

Nuveen Weighs the Effect of Trade Tariffs & Investors Bidding Up Stock Prices

March 15, 2018
Investors look past trade risks as stocks gain ground... President Trump’s proclamation of 10 - 25% trade tariffs dominated most of the ... [+] Read More

BlackRock Evaluates Short-Term Treasuries

March 8, 2018
Long on Short Bonds... The steady increase in shorter-maturity bond yields provides a thicker cushion against concerns around further rises ... [+] Read More

Nuveen Evaluates Environment for Market Growth, Volatility

February 22, 2018
Stocks recover ground as the focus returns to fundamentals... Stocks rebounded last week as investors appeared to return their focus to ... [+] Read More

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

Updated: JP Morgan Guide to the Markets for 1Q 2018

February 15, 2018
Updated with 4Q 2017 Data JP Morgan's updated Guide to the Markets for the first quarter of 2018 now includes financial data for 4Q 2017, ... [+] Read More