How long will it take to repair the broken supply chain? David Kastner, senior investment strategist at Schwab, takes a look at the weakest links and offers a forecast. You’ll need to act quickly to maximize the tax benefits of charitable giving this year. Robert Bloink and William H. Byrnes describe how to take advantage of the CARES Act. You may not be aware of the hidden benefits of Health Savings Accounts. There are at least 5 of them, as Sarah O’Brien explains for CNBC.
Supply Chain Breakdown: Its Causes And Effects — To be clear, this isn’t likely to become the new normal—though, when it might end is still uncertain. “It might seem dire, but it’s worth noting that some of the current backlog is linked to the seasonal surge in shipping before the holidays, and business leaders are saying they expect things to improve,” says David Kastner of Schwab. Read more…
CARES Act Charity Tax Break Creates A Trust Planning Opportunity, But Act Fast — Investors looking to maximize the tax benefits of charitable giving may be particularly interested in the charitable remainder unitrust (CRUT) structure. But they should be advised that only a few short months remain to take advantage of the valuable CARES Act charitable giving tax breaks. Read more…
5 Benefits Of A Health Savings Account You May Not Know About — HSAs are known for their triple tax advantage — contributions are made pre-tax, growth is tax-free and withdrawals used for qualified health-care expenses are also untaxed. There are some aspects of these accounts that are less well-known but might be advantageous, depending on your situation. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller