Winter 2020 Newsletter: Year-End Strategies
A frequent topic of discussion these days is what investors should be doing before the end of the year. This article was written prior to the election, so the results are unknown. Regardless of the outcome, the $3 trillion debt related to coronavirus relief will need...
Spring 2020 Newsletter: SECURE Act
Last summer, we wrote about pending legislation that would make changes to retirement savings rules. On December 20, 2019, President Trump signed the SECURE Act into law creating several new rules, which have broad-reaching implications. KEY PROVISIONS OF THE SECURE...
Spring 2020 Newsletter: Investment Committee
As a fiduciary to our clients, Nachman Norwood & Parrott is committed to providing unbiased, independent investment advice that is in our clients’ best interest. One of the ways we serve our clients in this capacity is through our Investment Committee. The...
Winter 2019 Newsletter: Leveraging Gift Rules To Your Advantage
As 2019 concludes, it may be helpful to review rules surrounding gifting: You may give up to $15,000 to any individual (i.e., donee) in 2019 and avoid any gift tax filing requirements. If married, you and your spouse may transfer up to $30,000 per donee. Gifts above...