Posts by GRA News Blog
How the Social Security Bridge Strategy Works
Introducing a thoughtful exploration into the intricacies of Social Security collection. Delving into a specific strategy for determining when to take Social Security, it’s crucial to recognize that individual financial…
Read MoreYour net worth will ‘go crazy’ once you pass this money milestone — even Charlie Munger said you can ‘ease off the gas’ once you get there. Here’s the magic number and how to hit it
Discover the millionaire club’s gateway for young Americans through the power of compounding. Learn the pivotal role of the first $100,000 from financial experts like Mark Tilbury and Charlie Munger—explore…
Read MoreNon-Refundable vs Refundable Tax Credits: What’s the Difference?
Tax credits and deductions play a crucial role in reducing your tax liability, providing valuable ways to lower the income tax you owe. Described by the IRS as a “dollar-for-dollar”…
Read MoreThis Social Security Spousal Rule Is Officially Finished in 2024 — But These 3 Strategies Remain
A longstanding Social Security spousal rule concludes this year for most individuals, except those who turned 70 on Jan. 1, 2024. The rule, permitting recipients to switch between their benefits…
Read MoreIs an Annuity Right for You? Here’s What You Should Know
The decision to incorporate an annuity into your retirement plan sparks varying opinions on its effectiveness. While some, including knowledgeable financial advisers, believe annuities can be crucial for shoring up…
Read More‘Fraud is at a crisis level,’ says expert: 5 financial scams to watch out for in 2024
Advanced technology and artificial intelligence are heightening the challenge for consumers to detect scams. Fraud costs in the U.S. exceeded $7 billion in the first three quarters of 2023, up…
Read MoreWhat Comes After a Good Year in the Stock Market?
The stock market’s cyclical nature often sees bad years followed by good ones, though not without exceptions. The natural question arises: What occurs after good years? How frequent are positive…
Read More4 big things homeowners insurance doesn’t cover — and what you can do to protect yourself
Safeguarding your most significant investment, homeowners insurance is crucial, especially if you have a mortgage, as it is often a requirement. Commonly known as an HO-3 policy, standard homeowners insurance…
Read MoreTen Things To Think About Before You Claim Social Security
Don’t navigate the Social Security maze alone! Deciding when to claim benefits is a crucial aspect of financial planning, and the answer isn’t one-size-fits-all. Dive into the nuances of this…
Read MoreFive Things to Know About Social Security and Your Taxes
Unlocking the truth about Social Security taxes! Amidst the confusion, a common misconception prevails that Social Security benefits are tax-free. Brace yourself for a reality check as we delve into…
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