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.

3 Best Ways to Invest for Retirement

By gregoryricks | November 23, 2021
nest egg

Taking advantage of these specialized retirement accounts can help you build your nest egg faster. Key Points A Roth 401(k) can let you sock away a lot of money for ultimately tax-free withdrawals. A Roth IRA has great flexibility in withdrawals, but contributions are a bit more limited. A Traditional 401(k) lets you get an…

Calculate how much you’ll get from the $1,200 (or more) coronavirus checks

By GRA News Blog | April 8, 2020

Over 80 percent of American adults will receive a payment The U.S. government is about to send checks — or direct deposits — to most Americans to help people survive financially as much of the economy shuts down in an effort to slow the spread of the novel coronavirus. Bipartisan legislation signed into law by President Trump would…

Wednesday Q&A – What’s in the Coronavirus Stimulus Bill? Will I qualify for the Stimulus Check?

By GRA News Blog | April 8, 2020

What’s in the Coronavirus Stimulus Bill? Will I qualify for the Stimulus Check? There are many factors that go into whether or not you qualify for this check. Gregory discusses what’s in the bill in the video below. To get a deeper understanding of the bill, register for our latest webinar below. Gregory will discuss…

5 Things To Know About The COVID-19 Stimulus Payments

By GRA News Blog | April 8, 2020

  Editor’s note: The portion of this story related to claiming the stimulus payment based on you 2020 income has been clarified to make it clear that if you don’t get a check now, but qualify for a payment based on your 2020 income, you’ll be sent the stimulus payment in addition to any normal…

How to Take Advantage of New Estate Planning Opportunities Caused by the Coronavirus

By GRA News Blog | April 8, 2020
estate planning

A depressed market intersecting with the ongoing pandemic and current tax laws has given rise to potential tax benefits for those interested in reviewing their estate plans. The number of global coronavirus cases surpassed 900,000 on Wednesday—with more than 200,000 known infections, and a death toll that has quadrupled over the last week just in the United States. The health…

A retirement savings hack thanks to this year’s delayed deadline for filing tax returns

By GRA News Blog | April 8, 2020

The deadline to file taxes and contribute toward last year’s IRA limit was delayed to July 15 Taxpayers can contribute to their individual retirement accounts on behalf of last year until July 15. MarketWatch photo illustration/iStockphoto The government’s decision to delay the deadline for filing 2019 tax returns allows some people to hold on to…

Officials sound alarm over virus relief check scams

By GRA News Blog | April 7, 2020
stimulus check

An IRS watchdog on Tuesday urged people to watch out for possible scams related to the federal government’s coronavirus assistance to taxpayers as lawmakers and government officials are seeking to prevent people from falling victim to schemes about the forthcoming recovery checks. Under the $2 trillion coronavirus relief package President Trump signed late last month, known as…

Are You Feeling SECURE about Retirement?

By GRA News Blog | April 6, 2020

The SECURE Act has changed a lot of the retirement rules we’ve been living by for years. Take a look at the most significant changes and see how you might be affected. Like most legislation these days, the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 has some good changes and some…

CARES Act Drastically Changes Required Minimum Distribution Rules For 2020

By GRA News Blog | April 6, 2020
rules for distribution

The CARES Act essentially suspended required minimum distributions (RMDs) for 2020 across the board. However, there have been a lot of questions about what this means for those who already took out distributions, and the impact on taxes and inherited accounts. It is important to remember that the CARES Act is a relief bill, and…

Are forgivable loans the best option for your business?

By GRA News Blog | April 3, 2020

“Did you hear? The SBA is giving away free money in the form of forgivable loans that small businesses don’t have to repay! This is a no-brainer, right?! What am I missing here?” Not so fast… Many small business owners across the country have probably heard one variation of the above quote—whether from friends, business…

This is how the $2 trillion coronavirus stimulus affects retirees — and those who one day hope to retire

By GRA News Blog | April 3, 2020

More protections for older people and flexibility with investment accounts The government’s $2 trillion stimulus package is expected to provide financial relief to small businesses and unemployed workers — but it will also help many people in or on the way to retirement. The package, known as the CARES Act (short for “Coronavirus Aid, Relief…