by Munn Gray & Associates | Sep 1, 2023 | College Planning, taxes
College students and parents deserve all the help they can get when paying for college or repaying student loans. If you’re in this situation, here are three federal tax benefits that might help put a few more dollars back in your pocket. American Opportunity...
by Munn Gray & Associates | Aug 10, 2023 | College Planning, estate planning, Financial Planning, Helpful Resources
529 plans are best known as a college planning tool, but their reach is much broader in terms of what you can use it on and how it can help in financial planning. Let’s review some of the facts of 529 plans that go beyond paying for your child’s higher education...
by Munn Gray & Associates | Jun 30, 2023 | estate planning, Financial Journeys, Financial Planning, Helpful Resources
Estate planning is a multistep process that when properly designed can help ensure the proper protection and distribution of your assets. The tool most used is the will. Below is a short description of what this document can do and its potential downsides. We will...
by Munn Gray & Associates | May 31, 2023 | Financial Planning, Helpful Resources, taxes, Uncategorized
Retirement Planning for Small Business Owners Owning a business is the dream of many Americans. However, relying solely on the sale of your business as a retirement plan poses significant risks. Segregating your business from your retirement savings may be necessary...
by Roy Gray | Apr 26, 2023 | Health & Wellness, estate planning, Helpful Resources
Like with most medical issues, cognitive impairment is something that no one wants and that no one can predict. Family history, substance abuse, and lifestyle choices can give us general probabilities of one’s susceptibility to these diseases but even the most...
by Munn Gray & Associates | Mar 28, 2023 | Loans & Debt
Dealing with medical debt can be a stressful and frustrating experience. But by following some simple steps, you can help make the process easier and perhaps avoid getting trapped in a cycle of debt. The first step is to get an itemized bill that clearly...
by Munn Gray & Associates | Mar 23, 2023 | Health & Wellness
In today’s world, it can be very expensive to have fun. That is why finding free things to do is so important. Taking a trip to the local library, visiting a park, or looking on social media are all excellent ways to find free activities that you and your...
by Munn Gray & Associates | Mar 21, 2023 | estate planning
What does your dream home look like? Is it a large house in the hills, or a flat in a high-rise building? Housing is the largest expense that most people have. Whether you rent or own, your housing likely requires a much larger budget than the rest of your...
by Munn Gray & Associates | Mar 16, 2023 | Financial Planning
When choosing investments, there are several factors you should consider in order to help ensure your investments are as successful as possible. The first factor to consider is your risk tolerance. If you have a low tolerance for risk, it’s important to...
by Munn Gray & Associates | Mar 14, 2023 | Retirement
When it comes to withdrawing money from your retirement funds, one of the most important things to consider is how much money you should be withdrawing each year. Many experts recommend that you use a formula known as the 4% safe withdrawal rule, which is based on...
