Social Security, Rollover Options, and IRA Conversions: Q&A #2047

November 21, 2020

Social Security, Rollover Options, and IRA Conversions: Q&A #2047

Jim and Chris discuss listeners’ questions relating to Social Security, Rollover Options, and IRA conversions.

(2:00) George from Chicago asks a question about when the overall best time to claim Social Security is.

(10:50) A listener from North Carolina asks for advice on taking a lump sum buyout from his employer and rolling it into his 401k or IRA to avoid tax implications.

(23:00) A listener asks a couple of questions relating to maxing out annual IRA contributions and the idea of converting portions of his traditional IRA into a Roth IRA.

(37:55) George looks for the opinion of Jim and Chris on him and his wife’s Social Security plan after creating it on the basis of previous podcast advice.

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Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

Ed Slott Advisor recognition requires an advisor to be well versed on the rules and regulations regarding IRAs. The advisor must attend two live training sessions and pass two written exams annually to remain in the program. Jim Saulnier & Associates, LLC (“RIA Firm”) is a registered investment adviser located in Fort Collins, CO. Jim Saulnier & Associates, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Current registered states: CA, CO, PA, TX, WA, IL Insurance products and services are offered and sold through James H. Saulnier, a Colorado licensed insurance producer, only in those states in which he is reciprocally licensed or qualifies for an exemption or exclusion from licensing requirements. Current reciprocal insurance licensing in these states: AZ, CA, CA, CN, FL, HI, IA, MA, MD, NY, PA, SC, TN, TX, VA, WA, WI, WY Click here for a more detailed disclosure.