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.

Wednesday Q&A When Do You Sell a Winning Stock?

By GRA News Blog | July 21, 2021

When Do You Sell a Winning Stock? Chuck on the Northshore picked up a stock years ago, and has had a successful run. Is it time to get out, and take the profits? Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here…

Inflation concerns have many retirees worried about running out of money

By GRA News Blog | July 21, 2021
Seniors at a computer

KEY POINTS As inflation creeps higher, many retirees worry about their nest eggs. Retirees may fight inflation by shifting portfolio assets and their mindset, financial experts say. But some advisors aren’t making significant changes to clients’ core portfolio allocations. Rising inflation has startled many retirees, who now worry about outliving their savings. The consumer price…

6 things parents should know about the new child tax credit

By GRA News Blog | July 20, 2021
child tax credit

Millions of parents across the country will start receiving money from the federal government as soon as Thursday, July 15. Under the Child Tax Credit expansion put forth in under President Joe Biden’s $1.9 trillion American Rescue Plan, some households will start receiving monthly payments, instead of a lump sum payment in the past, and in most cases…

How to be both an early and a late claimer of Social Security

By GRA News Blog | July 19, 2021

When it comes to deciding when to start receiving Social Security, earlier or later are not your only options. Sometimes, in fact, you can do both. That would seem impossible, of course. But an alert reader brought this additional approach to my attention following my Retirement Weekly column a month ago about a so-called “Claim…

7 Moves to Ensure You’re a Retirement Multi-Millionaire

By GRA News Blog | July 16, 2021
millionaire

For many people, achieving millionairehood before retiring will not be enough. Yes, a million dollars is a lot of money, but if you plan to withdraw, say, 4% of it in your first year of retirement (adjusting future withdrawals for inflation), it will generate $40,000. That, along with Social Security income, may be enough to…

Should I roll my Roth 401(k) into a Roth IRA?

By GRA News Blog | July 15, 2021
cog

Q.: I’m thinking of retiring and rolling my Roth 401(k) to a Roth IRA. A co-worker says if I roll it to a Roth IRA, I can’t touch it for five years without penalty. I thought penalties ended at 59½. I’m 68. Can you clear this up for me? Sam in Dallas A.:  Sam, I’ll try. …

Wednesday Q&A Advice for Young Investors

By GRA News Blog | July 14, 2021

Advice for Young Investors Joel in New Orleans is a local teacher, and asks Gregory for where to find advice for introducing kids to the world of investing. Gregory recommends a book: The Latte Factor. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY…

Opinion | Peter Thiel’s Taxes Aren’t the Real Story

By GRA News Blog | July 14, 2021

ProPublica resorts to padding to make its use of stolen tax data look like ‘important’ journalism. The latest tax reporting extravaganza from ProPublica reminds me of the Steve Martin routine that began, “You too can have a million dollars and never pay taxes. . . . First, get a million dollars.” Why does Peter Thiel, subject of…

A Little-Known ‘Back Door’ Trick for Boosting Your Roth Contributions

By GRA News Blog | July 12, 2021
WSJ ILLUSTRATION LARS LEETARU

An additional after-tax contribution to your 401(k)—now allowed in the plans of many large employers— can grow tax free if it’s moved to a Roth account If business titan Peter Thiel’s $5 billion tax-free individual retirement account has you jealous, here’s a way to build a pot of tax-free retirement savings without paying much in taxes: A…

Parents anxiously await the start of monthly child tax credit payments

By GRA News Blog | July 12, 2021
child tax credit

In just a few weeks, millions of families will start to receive monthly payments from the federal government through its new, expanded child tax credit. For Marla Snead, 52, the money will mean the world. Snead and her youngest daughter, Carlee, 14, live in Chesapeake, West Virginia – her eldest, Kelsie, is 22 and out…

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