
Every month, North Pointe Wealth Management will be publishing the latest financial articles on our blog page. Make sure to check back monthly for new topics.
Every month, North Pointe Wealth Management will be publishing the latest financial articles on our blog page. Make sure to check back monthly for new topics.
Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.
A qualified charitable distribution, or QCD, allows you to distribute funds from your IRA to an eligible charity (a 501(c)(3) organization) as long as you’re 72 years of age or older. Since the gift will go directly to the charity, you can exclude the dollar amount of the gift from your taxable income up to $100,000 each year.