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.

IRS offers guidance on employee retention credit and PPP eligibility

By GRA News Blog | March 5, 2021

The Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program. The guidance in Notice 2021-20 echoes the information the IRS has already provided in its employee retention credit FAQs, but includes some clarifications and discusses the retroactive changes to the CARES…

‘I was discarded after 40 years of marriage’: Can my ex-husband file a joint tax return without my consent? He tried to take both my stimulus checks

By GRA News Blog | February 4, 2021

‘He told me straight out that he does not intend to give me any of our joint tax return, because he said that I am no longer working’ Dear Moneyist, I’m 62 years of age, I have stopped working and I am currently receiving Social Security. My ex-husband is intending to file a joint tax…

Wednesday Q&A Where can I get help regarding my DROP plan?

By GRA News Blog | February 3, 2021

Where can I get help regarding my DROP plan? On this episode of the Ask Gregory Podcast, Gregory helps a caller decide what to with his DROP plan. 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…

10 Costly 401(k) Rollover Mistakes To Avoid Now

By GRA News Blog | February 3, 2021

Mistakes when rolling over your old 401(k) can be quite costly and annoying. Sadly, these mistakes are also quite common. On a happier note, these 401(k) rollover mistakes are easy to avoid. First off, not all assets in your 401(k) can or should be rolled into an IRA. Ignoring this can cause expensive tax problems…

Top 5 Reasons to File Your Taxes Early

By GRA News Blog | February 2, 2021

Every year, many taxpayers wait until the last minute to file their federal income tax returns. Despite this tendency, there are many reasons to file your taxes early. If you will receive a refund, you may want to submit your return as quickly as possible. Additionally, there are benefits to filing early for those taxpayers…

Here’s what happens with Social Security payments when someone dies

By GRA News Blog | February 1, 2021

In most cases, funeral homes notify the government that a person has passed away. If the person was receiving Social Security benefits, a payment is not due for the month of their death. Survivor benefits may be available, depending on several factors. When a loved one receiving Social Security benefits passes away, you may wonder…

Opinion: How to make sure your spouse gets your retirement savings when you die

By GRA News Blog | January 29, 2021

Make no mistake: There are differences between IRA and 401(k) beneficiaries If you designate beneficiaries for your retirement accounts, that’s usually a surefire way to pass those assets directly to your desired heirs without going through probate—but not always. Because those beneficiary designations are so important, you should verify your choices every year in case there’s a…

3 Reasons to Open a Roth IRA in 2021

By GRA News Blog | January 28, 2021

Nearly 25 million people own Roth IRAs, according to the Investment Company Institute, but that’s a far cry from the number of Americans who could contribute to one if they wanted. While a Roth IRA isn’t the best retirement account for everyone, it has some distinct advantages that make it worth considering, especially for those…

The GameStop stock frenzy, explained

By GRA News Blog | January 27, 2021

How a bunch of Redditors made GameStop’s stock soar, much to the chagrin of the hedge funds attempting to short it. By Emily Stewartemily.stewart@vox.com  Updated Jan 27, 2021, 11:49am EST Who knew the first big 2021 stock market story would be … GameStop? But here we are. There’s been a boom in day trading and individual investing over the past…

Wednesday Q&A What are Reilly’s Laws of Tax Planning?

By GRA News Blog | January 27, 2021

Reilly’s Laws of Tax Planning On this episode of the Ask Gregory Podcast, Gregory discusses Reilly’s Laws of Tax Planning. 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 need help with your financial…

Stop Doomscrolling: 4 Investing Tricks for a Happier, Richer 2021

By GRA News Blog | January 27, 2021

There’s no doubt that 2020 was a terrible year. It included almost 2 million worldwide coronavirus deaths, staggering unemployment levels, innumerable businesses going under, stock markets collapsing (and recovering), and political turmoil. All this chaos led to a lot of doomscrolling, which Merriam-Webster defines as “the tendency to continue to surf or scroll through bad…

Archives

Categories