What this guide covers How BMC’s employer contribution works BMC employer contribution by years of service Who qualifies for the employer contribution Legacy City of Boston retirement benefits Your 403(b) is immediately vested Review how your 403(b) is invested Review beneficiaries and spousal rights Know the 2026 contribution limits If you joined through BMC South […]
Retirement Planning Articles
UMass Memorial Retirement Benefits: How the Pension, the 401(k), and the 403(b) Fit Together
What this guide covers Why your UMass employer matters How the pension, 401(k), and 403(b) fit together The pension, including the enhanced-match election Why 4% is the floor for the 401(k) match How the three-year or age-55 vesting rule works How the 401(k) and 403(b) contribution limits interact The 2026 catch-up contribution rules How the […]
Beth Israel Lahey Health Retirement Benefits: 401(k), 403(b), Employer Contributions & Vesting
What this guide covers Why your BILH employer matters How BIDMC and BID Plymouth retirement benefits differ How Lahey’s current 403(b) differs by employee group Why older Lahey balances may follow different rules What to check when you move between BILH employers The 2026 contribution and catch-up limits How to estimate what is going into […]
How to Get the Most from Your Boston Scientific 401(k), ESPP, and Stock Benefits
What this guide covers A practical walk-through of the parts of Boston Scientific’s compensation package that most affect long-term wealth: The 401(k) match and its unusual two-tier structure Why the automatic enrollment default leaves money on the table The Employee Stock Purchase Plan, restated effective July 1, 2026 The channels through which company stock accumulates, […]
Build a Retirement Portfolio That Powers Your Ideal Lifestyle
That means building the portfolio around the retirement you want, then managing it to support sustainable retirement income through changing markets and evolving retirement income needs as life unfolds. The six building blocks 01 Lifestyle-Driven, Goals-Based Planning Know what you want retirement to look like first. 02 Total-Return Portfolios Stocks, high-quality bonds, cash equivalents, and […]
Continuing Care Retirement Communities: Costs, Contracts, and Planning Strategies
For many retirees, staying in the family home feels grounding and familiar. With the support of in-home care services, aging in place remains one option. Others consider Continuing Care Retirement Communities (CCRCs), which may offer several levels of housing and health-related support, such as independent living, assisted living, skilled nursing, and memory care. The services […]
Target Date Funds: When a Simple Retirement Strategy May Not Be Enough
That simplicity can be useful. It also comes with trade-offs. A target date fund follows a predetermined allocation path based largely on an anticipated retirement year, which may or may not reflect an individual investor’s financial circumstances, risk tolerance, or retirement goals. Four limitations to understand The Illusion of Simplicity A single retirement year cannot […]