August 27, 2022

This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate Jarrett McKenzie, CFP®, CWS®, and Senior Financial Planner Clay Norman, CFP®, to cover the week’s market news, including New Home Sales, Durable Goods, and the second reading of second quarter GDP. Jarrett and Clay team up to discuss an investor who wishes to leave his IRA to his granddaughter. They discuss the limitations the SECURE Act created for non-spousal inherited IRAs and other options that may benefit the heir. The hosts round out the show answering listeners’ questions on The TJX Companies, Illinois Tool Works, and Tesla’s announcement of a stock split.

Timestamps and Chapters

  • 00:00 Market Roundup: Covering Aug. 22 – Aug. 26, 2022
  • 22:25 Case Study: Leaving an IRA to a Granddaughter
  • 33:52 Q&A Time: The TJX Companies, Illinois Tool Works, and Tesla’s Stock Split

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