If you have reached 70 ½ years of age, you can make cash donations to IRS-approved charities directly out of your traditional IRA. This is a tax-smart opportunity, but it will expire at the end of 2011 unless Congress acts.
In this edition, we feature a timely article on the importance of planning, friendly advice to consider when receiving a stock tip, and important information to keep in mind regarding year-end charitable distributions. Also included, is a spotlight on the Wayne Hummer Fixed Income Trading Desk and quarterly economic commentary.
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