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.

Your 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

By GRA News Blog | March 29, 2024

Discover the millionaire club’s gateway for young Americans through the power of compounding. Learn the pivotal role of the first…

‘It’s costing American workers real money’: Only 10% say they will wait until 70 to claim the maximum Social Security benefit — here are 5 reasons to wait

By GRA News Blog | March 28, 2024

While retirement experts advocate waiting until age 70 to initiate Social Security benefits, a mere 10% of non-retired workers plan to heed this advice, as…

What taxes are due on a Roth IRA conversion?

By GRA News Blog | March 26, 2024

Retirement account do-overs are a rarity, but transitioning from a traditional IRA to a Roth IRA is feasible. Be mindful of taxes, as the allure…

A Psychiatrist Tried to Quit Gambling. Betting Apps Kept Her Hooked.

By GRA News Blog | March 25, 2024

Kavita Fischer’s fortune took a surprising turn when a $750 investment led to a remarkable $500,000 winning streak in just six days last summer. Despite…

Here are 5 dangerous Social Security myths that can ruin your retirement — are you falling prey to any of them?

By GRA News Blog | March 18, 2024

Navigating the complexities of Social Security benefits is vital for securing financial well-being in retirement. According to personal finance guru Suze Orman, the key to…

Is an Annuity Right for You? Here’s What You Should Know

By GRA News Blog | March 14, 2024

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…

Trump Era Tax Cuts Are Expiring: 4 Ways Your Household Budget Will Take a Hit

By GRA News Blog | March 12, 2024

Inflation’s financial strain is compounded by recent tax law changes, with both enacted and expired laws expected to raise taxes. The June 2023 Fiscal Responsibility…

How the Social Security Bridge Strategy Works

By GRA News Blog | March 11, 2024

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…

‘Fraud is at a crisis level,’ says expert: 5 financial scams to watch out for in 2024

By GRA News Blog | February 12, 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…

This Social Security Spousal Rule Is Officially Finished in 2024 — But These 3 Strategies Remain

By GRA News Blog | February 9, 2024

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…

Non-Refundable vs Refundable Tax Credits: What’s the Difference?

By GRA News Blog | February 8, 2024

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…