Massachusetts Tax Law Updates: Year-End Financial Strategies
Something More with Chris Boyd
Release Date: 11/13/2023
Unpacking Social Security & Government Pensions
Something More with Chris Boyd
Unpacking Social Security & Government Pensions – Chris Boyd, Jeff Perry and Russ Ball explore the often-incorrect assumptions people have related to social security and government pensions. Russ opens the segment with one of those common assumptions with a question to Jeff who outlines the interplay of the two sources of retirement income. Chris shifts to the topic of how many retirees struggle with the transition of accumulating assets to spending them. The group has an in-depth conversation as to why a comprehensive financial plan can be an asset to managing the financial and...
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Bulls, Bears, and Pigs
Something More with Chris Boyd
Bulls, Bears, and Pigs – After two years of strong market gains, many investors are wondering if a decline in stock prices is on the horizon. Chris Boyd, Jeff Perry and Russ Ball discuss market history and what constitutes normal market behavior. Jeff shares a personal financial move he recently made and reminds listeners of the old saying that “Bulls make money, Bears can make money, and Pigs get slaughtered.” Chris shares his guidance on having the proper allocations considering your risk tolerance. The trio also discusses a pension question and how other issues like health insurance...
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Beware of Frauds and Scams
Something More with Chris Boyd
Beware of Frauds and Scams – Chris Boyd and Jeff Perry focus this episode with an update on recent methods that criminals are using to steal your funds and your identity. Chris and Jeff begin by discussing the growing use of Artificial Intelligence (AI) to trick victims into providing personal information. Other topics covered are spoofing, phishing, and customer service fakes. The conversation turns to methods to safeguard against becoming an identity theft victim, including credit freezes, requesting fraud alerts, enrolling in multifactor authentication, and checking your...
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Small Business Saturday and Giving Tuesday
Something More with Chris Boyd
Small Business Saturday and Giving Tuesday – With the holiday season being in full swing, Chris Boyd, Jeff Perry, and Russ Ball start of with a discussion on how to manage the financial pressures that many people face during the holiday season. Jeff shares his thoughts on budgeting and low-cost gift giving. Chris next emphasizes the importance of supporting local businesses during the holiday shopping season. The dialogue flows to the dominance of online shopping. The trio discuss Giving Tuesday and Chris outlines various financial and tax planning techniques which...
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Mail Bag with Brian Regan; pros and cons of concentration
Something More with Chris Boyd
Mail Bag with Brian Regan – Senior Portfolio Manager Brian Regan joins Jeff Perry and Russ Ball to answer client questions. The episode begins with Brian responding to a 70-year-old client who has approximately $100K in Verizon stock and very much enjoys the dividend of 6.5%. Brian provides the pros and cons of having such a concentrated position. The next client question comes from a couple in their 40’s who are saving for retirement primarily using 401Ks. They want to know if they should add international stock funds to their retirement accounts. Brian shares why this is a good idea...
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The Future of You
Something More with Chris Boyd
The Future of You – Co-founders of “The Future of You” Nan Ives and Lisa Stornaielo join Jeff Perry and Russ Ball for a non-financial planning discussion focusing on how someone in retirement should Rebalance Your Life, Connect to Your Purpose, Activate “ReTRYmen” and Launch Your Life Plan. Nan and Lisa share their experiences with how their clients work through the opportunities and challenges they face when they step away from their full-time careers. To find out more about The Future of You, click the link below: The AMR Team is seeking your opinions on the Something More...
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Lessons from Clients
Something More with Chris Boyd
Lessons from clients – Chris Boyd, Jeff Perry, and Russ Ball review a variety of commonly discussed client financial planning issues. With the rise of stock prices in companies such as Nvidia, some investors find themselves with a sizable portion of their investment portfolio concentrated in a single holding. Chris leads the discussion of the best moves for such investors. The trio next reviews the challenges many people face in accurately predicting their retirement cash flow. The trio discusses challenges and methods of putting together an accurate financial plan. The AMR Team is seeking...
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Year-end tax planning
Something More with Chris Boyd
Year-end tax planning – With the end of the calendar year fast approaching, Chris Boyd, Jeff Perry, and Russ Ball discuss strategic tax planning topics. Topics covered include, RMDs, charitable giving, tax-loss harvesting, IRA contributions, tax deductions, and long-term tax planning. For listeners who would like a complimentary 2024 Tax Planning Checklist, they may contact Team AMR at the link below. The AMR Team is seeking your opinions on the Something More podcast. To participate in our survey, please click the link below: For more information or to reach Chris Boyd or Jeff Perry,...
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Where are Mortgage Rates headed?
Something More with Chris Boyd
Where are Mortgage Rates headed? – Robert Foos, President of Sparrow Mortgage discusses the current state of the home mortgage market with Chris Boyd and Jeff Perry. The conversation starts off with the likely impacts for mortgage rates due to the recent election. Robert answers questions regarding the mortgage application process, debt to income ratios, types of income that qualify for a mortgage, self-employment situations, and programs for first time homebuyers. At the end of the segment, Robert mentions community events in the Falmouth area that he is involved with (see links below). For...
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The Case for International Investing with Nick Paul, MFS
Something More with Chris Boyd
The Case for International Investing with Nick Paul, MFS – Nicholas J. Paul, CFA who serves as the Equity Portfolio Manager for MFS joins Chris Boyd and Jeff Perry for an in-depth discussion about using mutual funds for international investing. Related topics covered include the potential impacts from the recent election, the growing national debt, tariffs, deglobalization, emerging markets, and currency risk. During the episode Chris and Nick also discuss the benefits of active management for international investing. For more information or to reach Chris Boyd or Jeff Perry, click the below...
info_outlineWith the end of the year fast approaching, Chris Boyd and Jeff Perry discuss recent
changes to the Massachusetts income tax laws, including the Senior Circuit Breaker,
Child/Senior-Dependent tax credits, rental reduction write-offs, and property tax
reductions for volunteer services provided to a local government. Chris and Jeff suggest
to those who are able to maximize contributions to their retirement plans before the end
of the year. Jeff reminds listeners to make sure that quarterly tax payments are made on
time. Jeff brings up the subject of 179 deductions for business owners. Chris furthers the
conversation by discussing the value of Roth conversions and the options for charitable
giving.
If you need help with financial planning issues don’t hesitate to reach out to Asset Management Resources at (866) 771-8901.
Something More with Chris Boyd:
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