Changes to the federal income tax laws make it less likely that taxpayers will itemize deductions, like charitable donations where you must meet certain requirements.
Checking out just “the numbers” isn’t an option for financial advisors recommending alternative investments to clients. If advisors don’t go beyond the numbers in due diligence investigations, they could be doing a catastrophic disservice to their clients and themselves.
If you’re old enough to be taking required minimum distributions (RMDs) from your IRA, you’ll remember the steep drop in the stock market around this time last year that precipitated legislation to waive all RMDs for 2020.