Jim and Chris sit down to discuss listener questions relating to Social Security, rollovers, annuities, and trusts.

(6:00) George in Ohio asks about delaying a Social Security benefit, claiming retroactively, and if the SSA will know how to handle the associated spousal benefit.

(14:00) A listener from Maine looks for help calculating his wives Social Security benefit at full retirement age.

(22:15) A listener asks about rolling 401(k) employer plan dollars into an IRA after changing employers.

(27:30) A listener in Florida asks how we go about evaluating an existing annuity to decide if it fits within a retirement plan.

(1:05:00) George in California asks about naming a Trust as beneficiary of a life insurance policy.

The post Social Security, Rollovers, Annuities, and Trusts: Q&A #2412 appeared first on The Retirement and IRA Show.

Jim and Chris continue their dialogue series discussing various approaches to retirement planning and how listeners approach their own retirement.

The post Retirement Planning Dialogue Series 2: EDU #2412 appeared first on The Retirement and IRA Show.

Jim and Chris discuss listener questions relating to Social Security, WEP, GPO, 529 conversions, HSAs, and Roth conversions.

(5:30) A listener from Ohio asks about a unique Social Security survivorship scenario relating to children under a different legal guardianship.

(13:15) A Michigan listener looks for clarification on when his wife can begin claiming a spousal Social Security benefit.

(16:30) A listener in Colorado wonders if her PERA pension will affect her husbands Social Security benefit at her passing.

(25:45) The same Ohio listener from question 1 asks for a basic 101 description of WEP and GPO.

(33:45) George from Pennsylvania asks if the owner of a Roth IRA can make a contribution in the same year as a 529 conversion comes into the Roth account.

(41:30) A listener in New Hampshire wonders if he can roll funds from a pre-tax IRA into a 529 plan.

(47:00) Georgette provides some commentary on folks who may be using HSA accounts for personal spending rather than qualified healthcare expenses.

(58:45) A listener in Pennsylvania looks for advice on whether or not to continue his pre-tax 401(k) contributions while also doing Roth conversions.

The post Social Security, 529/Roth Conversions, and HSAs: Q&A #2411 appeared first on The Retirement and IRA Show.

Jim and Chris kick off a dialogue series discussing various approaches to retirement planning and how listeners approach their own retirement.

The post Retirement Planning Dialogue Series 1: EDU #2411 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to discuss listener questions relating to Social Security, GPO, HSAs, QCDs, inflation, and QLACs.

(8:30) George from Colorado asks for clarification on a couple of questions regarding the effects of GPO.

(25:20) A listener provides some helpful input on converting funds from a taxable account into an HSA.

(37:05) A listener from Michigan comments on a previous Q&A episode regarding QCDs from a credit union.

(49:20) A Texan listener asks about inflation assumptions for Social Security.

(1:14:30) A listener asks if the owner of the a 529 plan lists themselves to be the beneficiary, can they then roll the funds over into a Roth IRA.

(1:17:10) Georgette wonders if purchasing a QLAC within her Roth IRA will retain the ability for tax free distributions.

The post Social Security, GPO, HSAs, QCDs, Inflation, and QLACs: Q&A #2410 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to discuss a couple of articles and questions relating to converting 529 assets into a Roth IRA.

Allen Roth Article: https://www.advisorperspectives.com/articles/2024/02/15/law-strategies-convert-college-529-rothhttps://www.529conference.com/status-board-secure-2-0-529-state-updates/

NY Times Article: https://rethinking65.com/2024/02/19/money-in-college-savings-accounts-can-now-go-toward-retirement/

529 Conference Article: https://www.529conference.com/status-board-secure-2-0-529-state-updates/

The post Converting A 529 To A Roth IRA: EDU #2410 appeared first on The Retirement and IRA Show.

Jim and Chris discuss listener questions relating to Medicare, fraud awareness, Social Security survivorship, pensions, and RMDs.

(Intro) Jim and Chris begin the show with a clarification from the Wednesday’s EDU show of prohibited transactions completed inside an IRA and whether or not SECURE Act 2 impacted the previous prohibited transaction rules.

(14:45) George from Texas provides a helpful PSA letting listeners know when to expect Medicare to reach out with info on upcoming cost and eligibility.

(19:30) Georgette from Texas gives a insightful PSA on her custodian reaching out to make her aware of some suspected larger, fraudulent IRA distributions.

(28:45) An Ohio listener asks if his wife will be eligible to receive a Social Security disability benefit based on their current ages.

(34:15) George in Pennsylvania looks for clarification on any special Social Security considerations when the primary earning spouse passes away early before peak earnings.

(41:00) A listener in Ohio looks for some insight on private equity based insurance companies buying up company pensions.

(1:04:00) A listener from Georgia asks for some help with determining the late RMD penalty for her aunts estate accounts.

The post Medicare, Fraud Awareness, Social Security Survivorship, Pensions, and RMDs: Q&A #2409 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to continue their discussion on the annual quiz given out by the Ed Slott program for 2024.

The post Taking The 2024 Ed Slott Quiz Continued: EDU #2409 appeared first on The Retirement and IRA Show.

Jim and Chris discuss listener questions relating to Social Security, ethics requirements, MDF, and special needs trust funding.

(7:15) George looks for some clarification on his Social Security claiming strategy and personal benefit calculation.

(26:00) A listener provides some input on a previous show relating to a continuing education ethics requirement and looks for clarity on a survivor/spousal Social Security question.

(36:45) A New Jersey listener provides a AAA website/tool that can be used to calculate transportation-specific minimum dignity floor (MDF) costs.

(54:00) A listener in Minnesota looks for ideas on the best way to fund a special needs trust.

The post Social Security, Ethics Requirements, MDF, and Trust Funding: Q&A #2408 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to discuss and take a quiz given out by the Ed Slott program on an annual basis for 2024.

The post Taking The 2024 Ed Slott Quiz: EDU #2408 appeared first on The Retirement and IRA Show.