Winning at Life with Gregory Ricks

The Weekly Wrap: 10.03.20


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Gregory breaks down more details in Trump's tax returns, and how it's not unusual for businesses to consistently show losses. There's plenty of tax lessons to be learned here, too.

Greg in Laplace is not a Trump fan, and is not happy we are saying nice things about him.

How long with the Coronavirus be a drag on the economy?

Anita in New Orleans is divorced and remarried. Does she get to choose a spousal benefit from her current and ex spouse?

Does Social Security count marriages performed overseas? Carlos in Moss Point was married in China, and wants to make sure his wife qualifies for Social Security spousal and survivor benefits.

What do you do with a 401k at your old job? Bill in Holden asks Gregory about his options for his 401k at his former employer.

Brian in Metairie has been paying the max in Social Security taxes for about 30 years. Is he maxed out?

Richard in Slidell gets a VA disability check, and a pension from some private sector work. Will those income streams count against the earnings test if he starts his Social Security early?

How much income can you draw from your IRA before affecting the taxes on your Social Security? James in Mobile asks how to manage the brackets.

Gregory's wife Stacey calls in to wish Gregory a happy birthday!

What happens when a minor inherits an IRA? Steve in New Orleans has a brother who left his 11 year old daughter an inherited IRA last year. What are the rules and distribution requirements?

Cindy in New Orleans asks Gregory how your Social Security credits are indexed for inflation.

Richard in Slidell has a wife on Medicaid. Can he sell his house and use that money to buy a new one, or will that be affect his Medicaid status?

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Winning at Life with Gregory RicksBy Winning at Life with Gregory Ricks