Blog

Grimes Financial Services
2 Williams Street
Lexington, NC 27292
Phone: (336) 249-2723
Fax: (336) 249-2727
Email: brad@grimesfinancial.com
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Is a Four-Year College the Right Choice for Fall 2020?

COVID-19 has certainly robbed any chance of 2020 being like any other year. Our high school seniors have missed out on many senior milestones including proms and graduation ceremonies. The Class of 2020’s senior year has unfolded like no one could have imagined. It is...

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COVID-19 Relief Highlights

We all have many extra stresses in our life now, both business and personal. Your Grimes Financial team just wanted to offer a few ideas. Feel free to call us at 336-249-2723 if we can help you with any of these. Of course, some are more tax oriented and need to be...

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A Few Thoughts…

With recent global health issues, and their effects on the markets, you may have questions or concerns regarding your finances. Grimes Financial is available to help you. A financial advisor can help you stay the course or make necessary adjustments based on your...

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New Secure Act Impacts Inherited Money

The Secure Act was recently passed into law on December 20th, 2019. The Secure Act represents one of the most significant shakeups for retirees since the Pension Protection Act of 2006. As with most things, there are some positives and negatives that came out of the...

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Educate Your Kids About Money

Children  are told we don’t talk about money. We don’t ask people how much money they make for a living or even how much things cost. To an extent, this is fair, and children should be taught to respect privacy, but we cannot afford to stigmatize money topics as off...

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Investment Strategy: Tax Loss Harvesting

Investors may feel there is no end in sight when markets are heading downward. It can be difficult for investors to appreciate a down market could bring anything positive. Keep in mind however that we know down markets do not last forever. The average bear or negative...

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2018 Tax Refund? No Regrets Spending Ideas…

The IRS reported an average tax refund of $2,600 for 2017 taxes.1 Tax refunds  can leave a family with a big question mark on how to best spend the funds. It’s your money and decision but our goal is to set the course for you and your family to have a more stable...

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Cash Out 401k After Leaving Employer?

Not everything in life is planned or predictable. Sometimes leaving an employer you’ve been with for 5+ years happens abruptly, and you are faced with many decisions, including how to handle your 401k or similar employer facilitated retirement account. In haste and...

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My ROTH and I

The ROTH IRA is arguably one of the most tax beneficial instruments to individuals for retirement planning. The ROTH IRA, originally called the IRA Plus, was proposed by Senators Bob Packwood and Senator William Roth back in 1997.  It was created to do the opposite of...

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