Chris sits down to discuss listener questions relating to Social Security, survivor benefits, spousal benefits, and COLAs.

(3:45) Georgette looks for clarification on collecting a Social Security survivor benefit.

(20:45) A listener wonders if she can qualify for child-in-care spousal benefits as an adoptive parent.

(27:30) A listener asks how they calculate the maximum possible Social Security benefit in future years (3-6 years down the line).

(35:30) A listener wonders why her kids were able to claim a Social Security benefit based on her husbands benefit amount versus his PIA.

(41:15) A listener asks why Chris uses a Social Security COLA of 2% while looking at the historical average for COLAs.

The post Social Security, Survivor/Spousal Benefits, and COLAs: Q&A #2417 appeared first on The Retirement and IRA Show.

Jim and Chris continue their walk through of their philosophy and approach to retirement planning while sharing details on elements like the Minimum Dignity Floor, Secure Income, See-Through Portfolios, Asset Positioning and the ever-popular Fun Number.

The post Our Retirement Planning Process and Philosophy Part 2: EDU #2417 appeared first on The Retirement and IRA Show.

Chris and Paul sit down to discuss listener questions relating to capital gains, IRMAA, Roth conversions, and basis.

(4:10) Chris and Paul chat about an IRS notice.

(10:00) A listener asks about the sale of a house and the possible capital gains exclusions allowed for single/married people.

(17:45) George wonders if IRMAA avoidance and a large Roth conversion can be undone.

(36:30) George looks for clarification on if he can specify his future IRA distributions to prioritize taking from the after-tax basis portion or not.

(49:00) A listener explains their own personal projections and looks for thoughts on Roth conversions/tax planning in retirement ahead of RMD age.

The post Capital Gains, IRMAA, Roth Conversions, and Basis: Q&A #2416 appeared first on The Retirement and IRA Show.

This is the introductory show of a series Jim and Chris are calling ”Revealing the Secure Retirement Income Process”.  On the next several shows they will walk you through their philosophy and approach to retirement planning while sharing details on elements like the Minimum Dignity Floor, Secure Income, See-Through Portfolios, Asset Positioning and the ever-popular Fun Number.

The post Our Retirement Planning Process and Philosophy Part 1: EDU #2416 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to discuss listener questions relating to Social Security, IRMAA, wash sales, and annuity alternatives.

(17:30) George wonders if his Social Security benefit will be affected due to his earnings in Canada.

(25:45) George wonders if he can let the SSA know about discontinuing Roth conversions to avoid the associated IRMAA surcharges.

(34:15) A listener asks about the timing behind claiming a Social Security survivor benefit.

(43:00) A listener looks for thoughts on exchanging bond funds within a brokerage account with regard to the wash sale rule.

(45:00) A listener reaches out to Jim and Chris with a Harvard study that they often reference on their show indicating a person’s ability to understand financial concepts begins diminishing at age 53.

Associated Video: https://www.youtube.com/watch?v=IzohbdGQEaI | Associated Book Summary: http://lewismandell.com/

(55:00) George looks for any applicable alternatives to annuities.

The post Social Security, IRMAA, Wash Sales, and Annuity Alternatives: Q&A #2415 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to revisit our retirement planning process and a recent article written by Bloomberg.

Link to article: Wall Street Just Doesn’t Get It on Retirement – Bloomberg

The post Our Retirement Planning Process Prequel: EDU #2415 appeared first on The Retirement and IRA Show.

Jim and Chris sit down to discuss listener questions relating to IRMAA premiums, Social Security, annuities, and Medicare.

(15:00) A listener asks about the timing behind an increase in his IRMAA premiums.

(24:30) George looks for clarification on the rules surrounding a spousal Social Security benefit.

(34:15) George wonders if Jim and Chris are going to touch on which questions you should ask an agent before buying an annuity.

(55:00) A listener asks about being able to contribute to an HSA while on Medicare.

The post IRMAA Premiums, Social Security, Annuities, and Medicare: Q&A #2414 appeared first on The Retirement and IRA Show.

Jim, Chris, and in-house CPA, Paul sit down to discuss how capital gains and the associated wash sale rule work.

The post Capital Gains and Wash Sale Rule: EDU #2414 appeared first on The Retirement and IRA Show.

Jim, Chris, and Paul discuss listener questions relating to taxes, IRAs, Roth conversions, basis, and Trusts.

(12:00) Georgette asks a question on how to calculate her net of tax future IRA distributions correctly without being “double taxed” in her projections.

(19:00) A listener looks for the teams thoughts on whether or not Roth conversions while in the 32% bracket could make sense.

(34:00) A listener from South Carolina looks for clarification on the step up in basis at a spouses passing in a community property state.

(1:01:30) A listener in Florida asks for opinions on potential ways to avoid the large taxes associated with leaving a Trust to his special needs son.

The post Taxes, IRAs, Roth Conversions, Basis, and Trusts: Q&A #2413 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 3: EDU #2413 appeared first on The Retirement and IRA Show.

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.