News Blog


GRA has compiled a news feed to keep you up-to-date on

the latest financial and retirement news that could affect your wallet

See the latest headlines below.

How To Get Tax Free Retirement Income In 2020

By GRA News Blog | September 25, 2020

Having more tax-free retirement income is reason to celebrate GETTY Whether tax rates are high or low, I will hear people complaining about the taxes they get to pay. Let’s be real; no one likes paying taxes. 2020 is an election year, and your vote could also affect your future tax bills. But with tax…

This Is The Only Thing That Can Drop The S&P 500. What To Do About It.

By GRA News Blog | September 24, 2020

Price rules. Everything else is just talk. Let’s see, now. There’s a pandemic, and people can’t gather in groups like humans naturally like to do. There’s massive unemployment. Congress is absent, literally and figuratively. There’s a U.S. election coming, and it’s getting nasty. There’s a growing number of global hot-spots, and I’m talking about politics,…

Wednesday Q&A Is there an income test for pension distribution once full retirement age is reached?

By GRA News Blog | September 23, 2020

Is there an income test for pension distribution once full retirement age is reached? A caller to the show asks about pension withdrawals and distribution penalties if taken before full retirement age versus after full retirement age. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next!…

3 Disappointing Facts About Social Security

By GRA News Blog | September 23, 2020

Heads-up: Social Security may not be as great as you think it is. A lot of seniors today rely on Social Security to pay the bills in retirement, and chances are, you’ll one day do the same. But there’s a lot of misinformation about Social Security, and if you don’t understand how it works, it could really…

This 3-question checklist will help you determine when you’re ready to invest your money

By GRA News Blog | September 22, 2020

CNBC Select spoke with a handful of certified financial planners about their advice for putting your cash in a high-yield savings account versus the stock market. Having the safety net of savings makes financial sense no matter your current situation. It’s important to have an emergency fund if you ever lose your job, and you’ll likely…

Here’s how much money you should have saved at every age

By GRA News Blog | September 21, 2020

Using analysis by Fidelity, CNBC Select provides guidance on age-based savings goals that can help you plan for retirement. Getty Images Editor’s Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC will update as changes are made public.…

Claiming Social Security retirement benefits? Don’t let these myths trip you up

By GRA News Blog | September 18, 2020

KEY POINTS When it comes to Social Security benefits, “the earlier the claim, the steeper the penalty,” according to Shai Akabas, director of economic policy at the Bipartisan Policy Center. While workers are first eligible to claim at 62, holding off until age 70 could increase their benefits by as much as 76%. But some…

Diversify, Rebalance, Rinse, Repeat

By GRA News Blog | September 17, 2020

In 1997, with its stock price in the mid $60 per share range and an average market capitalization valued around $16 billion, JC Penney (JCP), having an investment grade credit rating, issued a $500 million, 100-year bond, that paid a coupon of 7.625%. On Friday, May 15th, 2020, the 118-year old JC Penney filed for…

Wednesday Q&A Should I take my employers stock option plan?

By GRA News Blog | September 16, 2020

Should I take my employers stock option plan? Gregory answers this question during an episode of the Ask Gregory podcast. Click to listen below! Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to Help Have questions about this week’s content, or…

Retirees Beware: These States Tax Your Social Security

By GRA News Blog | September 16, 2020

Social Security benefits are meager enough, yet these states take some of that money away. Though it can be skimpy, Social Security is a major source of money for retired Americans: The Social Security Administratration says about 1 in 5 older married couples and nearly half of single seniors rely on their benefits for 90%…

Stimulus check: Who counts as a dependent for your taxes and how much money could you get?

By GRA News Blog | September 15, 2020

If a second round of stimulus payments gets approved, you could be eligible for more money based on your dependents. Here’s how to find out. If you claimed dependents on your 2019 tax return, you should have received $500 per dependent in the first round of stimulus checks. The rules for who qualified as a…

Archives

Categories