It’s time for spring cleaning. This year, why not go beyond your house and yard and “spruce up” your financial situation?
For starters, clean your portfolio of “clutter” — those investments that no longer meet your needs.
More infrastructure work is being done in Port Clinton. Waterline replacement work on Maple Street started on Monday. Ed Burdue is the subcontractor for this work. Due to the age of the water-main infrastructure in the area, it is possible for sudden water loss due to depressurization of the water mains as crews connect existing lines to the new water mains being installed. The City may have to issue boil water advisories to the homes and businesses affected. They will be lifted as soon as testing results allow. Questions can be directed to City Hall at 419-734-5522.
I found Wiley!!! No, not Wylie Walleye, Larry Wiley, the star running back of the undefeated Port Clinton football team of 1962. I had a Publishers Business Summit in Las Vegas last Saturday. I couldn’t get a flight out until late Sunday, so I made arrangements to spend some time with Larry Wiley who lives in Vegas with his lovely wife Catherine (Coleman) who graduated from PCHS in 1965. They hope to come “home” in July for the Class of 1963’s 50 year reunion and a special reunion of the ’62 football team in September. I learned all about the football teams of the early 1960’s. Larry picked me up at the hotel and took me to his home. Catherine, an avid LA Laker fan, also served me a steak dinner topped off by a delicious slice of Apple Pie. They couldn’t have been more hospitable. I can tell you, Larry still can’t get over the only blemish on the record of that team, a 6-6 tie with Perrysburg that cost them a perfect season and the outright Northern Lakes League championship.
Another busy weekend is ahead, in spite of the weather. Saturday night is the annual Magruder Hospital Charity Ball at Catawba Island Club. It is always a grand affair. Mike Schenk at CIC told me that they are trying something different this year. The Charity Ball will be a “Strolling Supper” with five food stations and lots of open seating. However, if you wish to reserve a table, call CIC TODAY to do so. They will be serving carved meat, mashed potatoes, perch and salmon along with a salad bar and dessert bar. Enjoy the Ball. We will have photos as usual next week.
For the first time since 2008, contribution limits have risen for one of the most popular retirement savings vehicles available: the IRA. This means you’ve got a greater opportunity to put more money away for your “golden years.”
Effective Jan. 1, you can now put in up to $5,500 (up from $5,000 in 2012) to a traditional or Roth IRA when you make your 2013 contribution. And if you’re 50 or older, you can put in an additional $1,000 above the new contribution limit.
