J. Christopher Boyd, CFP®, CASL®, Chief Investment Officer of Asset Management Resources, LLC and host of the financial talk show, “Something More with Chris Boyd” heard on WXTK 95.1 FM. Mr. Boyd has been assisting his clients in matters of financial planning, investment services advice and portfolio management, for over 15 years. He strives to provide clients with information, products and/or advice that will best help them to achieve lasting financial security. He specializes in planning for retirement and planning while in retirement.Read More
Kurt Czarnowski, the Social Security Administration’s former Regional Communications Director for New England joins to talk with host Chris Boyd. They will cover Social Security basics and making the most out of your benefits.
Many retirement plan and IRA limits are indexed for inflation each year. Some of the key numbers for 2012 are discussed below.
If you’re lucky enough to be eligible to participate in a 401(k), 403(b), 457(b), or SAR-SEP plan, you can make elective deferrals of up to $17,000 in 2012, up from $16,500 in 2011. If you’re age 50 or older, you also can make a catch-up contribution of up to $5,500 to these plans in 2012 (unchanged from 2011). (Special catch-up limits apply to certain participants in 403(b) and 457(b) plans.)Read More
There are many factors to consider in determining how much you’ll need to save in order to enjoy a comfortable and financially secure retirement. One often overlooked retirement expense is the cost of health care.Read More