IRAs, Roth Conversions, and Social Security Details: Q&A #2031

August 1, 2020

IRAs, Roth Conversions, and Social Security Details: Q&A #2031

Jim and Chris discuss various listener questions relating to IRAs, Roth conversions, and Social Security details.

(8:38) An Ohioan wonders if they can apply for spousal benefits while withdrawing their Social Security application at the same time.

(13:28) A Missouri listener asks if he can contribute the maximum annual amount to his IRA after transferring his lump-sum pension into the same IRA earlier that year.

(42:25) George from North Carolina asks about the best way to set up beneficiary designations for his parents IRAs.

(58:00) A listener from Washington inquires about Roth conversions and the importance of timing conversions to avoid tax implications.

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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.