Jim and Chris welcome on another member of the JSA team – Paul Neiffer, CPA – to discuss Charitable Remainder Trusts. They dive into what they are and how you might use them.

The post Charitable Remainder Trusts Part 1: EDU #2451 appeared first on The Retirement and IRA Show.

Jim and Chris discuss listener questions relating to IRMAA, SS Spousal Benefits, IRA withdrawals, Qualified Charitable Donations, and Roth contributions.

(6:45) A listener looks for assistance filling out form SSA-44 to have his IRMMA surcharge reevaluated.

(24:15) George wonders if his wife claiming her Social Security benefits early will reduce her spousal benefit when he takes his SS at full retirement age.

(36:00) Jim and Chris share a listener’s perspective on the advantages of paying federal taxes with an IRA withdrawal.

(39:15) The guys weigh in on using the check-writing ability from an IRA to make QCDs.

(52:15) Jim shares a case study where someone might be able to double their annual Roth contributions.

The post IRMAA, Spousal Benefits, IRA Withdrawals, QCDs, and Roth Contributions: Q&A #2450 appeared first on The Retirement and IRA Show.

Jim and Chris once again welcome their colleague, Jake Turner, EA, and Candidate for CFP® certification, to the show. Together, they address listener questions and take a deeper dive into their retirement planning philosophy and process.

The post Retirement Planning Philosophy and Process Dialog: EDU #2450 appeared first on The Retirement and IRA Show.

Jim and Chris discuss listener questions relating to the Family Maximum Benefit, Means Test, Qualified Charitable Donations, tax strategies for pension benefits, and spreadsheet tracking of SPIA income.

(10:00) Georgette asks about factoring in the Family Maximum Benefit while deciding when to start taking Social Security

(19:30) A listener looks for a better understanding of Survivor Benefits and the means test.

(32:30) Jim and Chris discuss whether someone can continue to use the same QCD in an Inherited IRA.

(40:15) The guys dive into a question about tax strategies relate to a defined pension benefit.

(56:30) A do-it-yourselfer wonders about an appropriate way to account for SPIA income in his spreadsheets.

The post Family Maximum Benefit, Means Test, QCDs, Tax Strategies, and SPIA Income: Q&A #2449 appeared first on The Retirement and IRA Show.

Chris is joined by estate planning attorney Shelley Thompson while Jim is traveling. Chris and Shelley discuss common mistakes people make with their Wills.

The post Common Estate Planning Mistakes: EDU #2449 appeared first on The Retirement and IRA Show.

Jim and Chris discuss listener questions relating to Social Security, Annuity RMDs, and next steps after passing the CFP exam.

(5:30) George asks if you’re required to claim Social Security as soon as you turn 70.

(13:00) The guys are asked for their input on Social Security claiming strategy.

(21:00) Jim and Chris discuss whether there are differences in the handling of RMDs for different annuity types (SPIA, GMWB, and GMIB).

(36:30) A listener just passed their CFP exam (a big congrats from the whole team at JS&A!) and asks for the guys’ input on recommended next steps.

The post Social Security, Annuity RMDs, and Being a CFP: Q&A #2448 appeared first on The Retirement and IRA Show.

Jim and Chris received an email from a listener asking about completing a Roth conversion using a 60-day rollover. In response, they decided to take a dive deep into the topic, exploring what they call the “60-day rollover conversion” strategy.

The post 60-day Rollover Conversion Strategy: EDU #2448 appeared first on 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.