IRAs, HSAs, Social Security, Annuities, IRMAA, and Secure Income: Q&A #2241

October 8, 2022

IRAs, HSAs, Social Security, Annuities, IRMAA, and Secure Income: Q&A #2241

Jim and Chris sit down to discuss listener questions relating to IRAs, HSAs, Social Security, annuities, IRMAA, and secure income.

(19:30) A couple of listeners ask about the advantages and disadvantages to funding an health savings account (HSA) with qualified distributions from an IRA.

(27:15) A listener wonders if the responsibility to “elect” or “request” the “Grace Year” for Social Security lies on the individual or the Social Security Administration (SSA).

(36:00) George from Pennsylvania looks for clarification on deferred income annuities (DIAs) and qualified longevity annuity contracts (QLACs).

(51:15) A listener asks for thoughts on how to plan for future IRMAA brackets.

(1:02:30) A listener looks for more detail regarding secure income needed to cover the Minimum Dignity Floor (MDF).

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