IRA Tax Strategy, Retirement Strategies, and Financial Stability of Pensions: Q&A #2012

March 21, 2020

IRA Tax Strategy, Retirement Strategies, and Financial Stability of Pensions: Q&A #2012

Today Jim and Chris answer questions about a traditional IRA tax strategy, withdrawal vs. secure income strategies in retirement planning, and the financial stability of pensions.

(6:00) A Georgian wonders if his traditional IRA tax strategy will get him in trouble.

(23:00) A listener asks for advice for those who base their retirement funding on a withdrawal strategy, and how can he move to a secure income strategy without decimating assets?

(49:37) Jim and Chris answer three very similar listener questions about the financial stability of pensions.  Although their answer at the end is the same for all three, the specific question timestamps are below:

(50:30) A listener wonders if his company pension is secure, and if he should take the lump sum and then purchase an annuity.

(51:35) A North Carolinian would like to know how one can best determine the financial stability of a pension plan.

(53:35) A listener with a risky pension at work is told by his union that his pension is under-funded.

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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.