News
Our take on all things financial.
Team G.R. Reid – Making Strides Against Breast Cancer Walk
Partners, staff and family members of G.R. Reid Associates, Woodbury, teamed up on Sunday October 16 at Jones Beach State Park to participate in a Making Strides Against Breast...
How Can I Control the Distribution of My Estate?
There are a number of ways your estate can be distributed to your heirs after your death. Each allows a different degree of control over distribution, and each poses different...
What Is an IRA Rollover?
If you leave a job or retire, you might want to transfer the money you’ve invested in one or more employer-sponsored retirement plans to an individual retirement account (IRA)....
What About Financial Aid for College?
Is the financial aid game worth playing? There’s a tremendous amount of paperwork involved. The rules are obscure and often don’t seem to make sense. And it takes time. But make...
What Happens If I Withdraw Money from My Tax-Deferred Investments Before Age 59½?
One of the best ways to protect against the financial consequences of a primary wage earner’s premature death is life insurance. However, only about 6 out of 10 Americans...
Why Purchase Life Insurance?
We’ve all heard about the importance of having life insurance, but is it really necessary? Usually, the answer is “yes,” but it depends on your specific situation. If you have a...
What Is a 401(k) Plan?
A 401(k) plan is a self-directed, qualified retirement plan established by an employer to provide future retirement benefits for employees. Employee contributions are made on a...