October 15, 2016


During this show, Jim and Chris answer questions from listeners. Primarily they focus on a question that involves the Government Pension Offset (GPO) and Windfall Elimination Provision (WEP): Does a defined contribution plan count as a government pension under Social Security rules. If it does, will the GPO and WEP impact the amount of Social Security benefit payments? Other questions Jim and Chris tackle this week include: What can you do with a 401(k) from a previous employer? In regards to a trust beneficiary, is the beneficiary better off taking a lump sum payment from the trust or weekly payments? Are contributions to Health Savings Accounts (HSAs) tax deductable? And can you take money out of your 401(k) if you still work for that employer?

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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.