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.

The Fed Could Start Pulling Back on Support Next Year. What That Means for Stocks.

By GRA News Blog | January 20, 2021

As the economy heats up, the Federal Reserve may start reducing the size of its bond-buying program, removing one layer of stock-market support. In the Fed’s December minutes, released this week, Federal Open Market Committee members highlighted the economy’s recent strength, saying that it has shown “resilience in the face of the pandemic.” The economic recovery…

Wednesday Q&A Should I lend money to friends or family?

By GRA News Blog | December 9, 2020

Should I lend money to friends or family? Gregory discusses some things to think about before you start handing out the cash on this segment of Winning at Life. 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…

You Can Buy BMW’s Entire Modern History Right Now

By gregoryricks | December 8, 2020

The start of the ultimate BMW collection is available right now, so long as you have a few million lying around. BMW has always emphasized its own heritage. From shared kidney grilles to product lines that trace their origins back half a century, the company has always defined itself by how it has built on…

If You Inherited A 401(k) From A Parent, Here’s When You Need To Take The Money—And When You Should

By GRA News Blog | December 8, 2020

As part of the Secure Act, most adults who inherit a 401(k) from a parent must take the money in 10 years. Depending on your financial position and life stage, this could complicate your tax situation. After inheriting a 401(k) from a parent, consider ways to balance the benefits of extending tax-deferred investment growth with the tax…

Succession Planning For Your Suppliers, Contractors And Manufacturers’ Reps

By GRA News Blog | December 7, 2020

Bill ConerlySenior Contributor Small business owners are retiring in greater numbers as the Baby Boom generation ages. We wish them a happy retirement, but small and medium businesses use other small businesses for vital goods and services. Many companies have made succession plans for their owners and top managers, but what about critical non-employees? For…

The Secret to Saving the Perfect Amount of Money Every Time You Get Paid

By GRA News Blog | December 4, 2020

Personal finance is full of rules of thumb — spend 30% of your income on rent, put 20% down on a house, save a year’s salary by the time you turn 30. The principles sound great in the abstract, but sometimes they’re hard to apply to everyday situations. For example, what should you do the…

Maxing Out Your 401(k) Can Make You a Millionaire by 45

By GRA News Blog | December 3, 2020

To max out your 401(k) in 2020 or 2021, you’d need to contribute $19,500. If you’re 50 or older, you’re allowed to make a $6,500 catch-up contribution, so $25,000 is your maximum. Let’s face it: $19,500 a year is a lot of money, particularly if you’re just starting your career. But if you can contribute…

Wednesday Q&A How can I track down an old life insurance policy?

By GRA News Blog | December 2, 2020

How can I track down an old life insurance policy? Gregory helps a Winning at Life caller find out about life insurance company safeguards and how he might track down a forgotten policy. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to…

4 Last-Minute Ways to Reduce Your Taxes

By GRA News Blog | December 2, 2020

Even if you’ve already earned most of your income for the year, you can still make some common-sense moves to reduce the amount of income taxes you owe in the current tax year. TURBOTAX NOV 20, 2020 7:00 AM EST As the year ends, you may feel it’s too late to save any money on…

How to Invest Successfully for Retirement in 3 Easy Steps

By GRA News Blog | November 30, 2020

How to Invest Successfully for Retirement in 3 Easy Steps You’ll often hear about the importance of saving for retirement. But saving is only part of the picture. You’ll also need to invest your savings appropriately to ensure that your money grows into a substantial enough sum to sustain you as a senior. In order…

The 5 biggest retirement mistakes you could make

By GRA News Blog | November 30, 2020

Are you planning for when you retire? Good idea. Stay clear of making these 5 huge, common mistakes when it comes to retirement. When I first started going to my financial advisor in 2019 at the tender (and all-too-adult) age of 29, I learned a lot about investing and the market itself. He was also…

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