The Retirement and IRA Show

Jim and Chris sit down to answer listener questions related to Social Security, 529 Plans, and SPIA payments…

(6:30) A listener wonders if they will be subject to the Social Security earnings test.

(14:30) The guys weigh in on if/how a Roth conversion would impact an IRMAA appeal.

(30:30) Chris answers whether there is a time limit to apply for Survivor Benefits.

(46:30) George asks whether moving money from a 529 plan to a Roth is considered a conversion. (referenced article)

(1:04:30) The guys offer clarity on the timing for RMDs and Qualified Charitable Donations with SPIA payments

The post Earnings Test, IRMAA, Survivor Benefits, 529 Plans, and SPIAs: Q&A #2447 appeared first on The Retirement and IRA Show.

Jim and Chris sit down for a Discussion edition of the EDU series to talk through some listener questions on RMDs in relation to Roth Conversions (’tis the season!).

The post Roth Conversions and RMDs: EDU #2447 appeared first on The Retirement and IRA Show.

Jim and Chris discuss listener questions relating to Social Security, Roth conversions, and RMDs.

(11:00) George wonders if his wife is eligible for Social Security benefits while taking care of an adult disabled child even if he is still working and has not applied for SS yet.

(19:00) Chris tackles an interesting Social Security survivor benefits strategy question.

(28:15) A listener looks for clarity on timing his Roth conversion in relation to his monthly IRA SPIA payouts.

(49:45) The guys expand on RMD rules and how they apply to MYGAs.

(1:00:00) Jim and Chris answer whether Inherited IRAs are included in the taking your RMD before doing a Roth conversion rule.

The post Social Security Benefits, Roth Conversions, and RMDs: Q&A #2446 appeared first on The Retirement and IRA Show.

Jim and Chris sit down for another EDU show discussing updates to the SECURE Act that Jim brought back from the recent Ed Slott conference.

The post SECURE Act Updates: EDU #2446 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to discuss listeners questions relating to Social Security, RMDs, QLACs, and Buffered ETFs…

(12:30) The guys are asked if dual citizenship will affect Social Security benefits.

(20:30) George looks for clarity on Social Security’s family maximum rules.

(30:00) Chris explains the reduction factor when claiming a spousal Social Security benefit.

(35:45) The guys address some confusion a listener had with a recent article talking about Roth conversions once somebody begins their required minimum distributions (RMDs).

(54:30) Jim and Chris discuss what happens if somebody wants to open a Qualified Longevity Annuity Contract (QLAC), but they have not fully satisfied their Required Minimum Distributions for the year and are interested in doing a Qualified Charitable Distribution (QCD). Can they transfer money from their IRA to the QLAC before satisfying their RMD?

(1:01:00) A listener wonders if, with funds that have a one-year holding period in the design of their outcome period (buffered ETFs), are capital gains treated as long-term or short-term? 

The post Social Security, RMDs, QLACs, and Buffered ETFs: Q&A 2445 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to discuss a few things Jim brought back from his recent Ed Slott conference including a discussion of ALAR (10-year RMD rule) and stretch IRAs.

The post Stretch IRA Rules and More: EDU #2445 appeared first on The Retirement and IRA Show.

Jim and Chris (and Jake too!) sit down to answer some listener questions about Medicare, Roth conversions, Social Security, and 401k catch up contributions…

(10:00) George wonders how his wife’s ACA premium tax credits will be affected for the first part of the year if he increases his income after she turns 65 and enrolls in Medicare.

(23:45) The guys discuss a listener’s query on how much to convert to a Roth now that she is in a low tax bracket.

(48:30) A listener looks for answers on his wife’s Social Security benefits strategy.

(55:45) George asks the guys to opine on the IRS’s 401(k) catch up contribution rules.

(1:13:30) Jim and Chris share couple PSAs. First a listener reminds the guys that residents in four states can switch between Medicare Advantage plans and traditional Medicare with medigap coverage without needing to show proof of insurability to purchase Medicare supplemental plans. Then they discuss some mistakes we found with ChatGPT when calculating required minimum distributions.

The post Medicare, Roth Conversions, Spousal Benefits, 401(k) Contributions, and RMDs: Q&A #2444 appeared first on The Retirement and IRA Show.

On this week’s EDU Discussion edition Jim and Chris welcome back Jake Turner, a fellow planner from the JSA team, as they take some time to opine on how some listeners are implementing their own versions of our retirement planning process.

The post How Listeners are Implementing Our Planning Process: EDU #2444 appeared first on The Retirement and IRA Show.

With Jim attending an Ed Slott conference, Chris takes some time to answer a WEP and GPO question before offering listeners general information on Social Security changes for 2025 and a detailed walkthrough of the WEP and GPO provisions of Social Security.

(6:30) George asks for more information on whether Social Security offsets are adjusted due to taking a pension early vs later.

The post Social Security WEP and GPO Special: Q&A #2443 appeared first on The Retirement and IRA Show.

Jim and Chris first talk about the “Qualified Annuity Stretch” before starting a deep dive into the IRA portion of “The Retirement and IRA Show” with a discussion of 9 of Ed Slott’s “top 23 questions advisors ask”.

The post Qualified Annuities and IRA Deep Dive: EDU #2443 appeared first on The Retirement and IRA Show.