Money Talks - August 25, 2018

Published: Aug. 27, 2018, 8:40 p.m.

This week on "Money Talks," Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Senior Managing Associate and Principal Jennifer J. Thomas, CFP®, and Tax Consultant Jessie Thomas, C.P.A., to discuss the new record our current bull market reached, the week’s performance flirting with the market high from January 2018 and economic reports, including consumer sentiment, mortgage applications, existing home sales and new home sales. They also cover the FOMC minutes from the Fed’s August meeting. Jessie and Jennifer join forces on a discussion on planning for the first required minimum distribution from tax deferred retirement accounts at age 70 ½. The experts also address listeners’ questions on charitable donations from an IRA, and some classic Henssler examples of why we believe you shouldn’t time the market and why an investor should start saving as early as possible. They also provide a couple with the reason homeownership is still a tax-advantaged decision after tax reform.