Social Security, 529/Roth Conversions, and HSAs: Q&A #2411

March 16, 2024

Social Security, 529/Roth Conversions, and HSAs: Q&A #2411

Jim and Chris discuss listener questions relating to Social Security, WEP, GPO, 529 conversions, HSAs, and Roth conversions.

(5:30) A listener from Ohio asks about a unique Social Security survivorship scenario relating to children under a different legal guardianship.

(13:15) A Michigan listener looks for clarification on when his wife can begin claiming a spousal Social Security benefit.

(16:30) A listener in Colorado wonders if her PERA pension will affect her husbands Social Security benefit at her passing.

(25:45) The same Ohio listener from question 1 asks for a basic 101 description of WEP and GPO.

(33:45) George from Pennsylvania asks if the owner of a Roth IRA can make a contribution in the same year as a 529 conversion comes into the Roth account.

(41:30) A listener in New Hampshire wonders if he can roll funds from a pre-tax IRA into a 529 plan.

(47:00) Georgette provides some commentary on folks who may be using HSA accounts for personal spending rather than qualified healthcare expenses.

(58:45) A listener in Pennsylvania looks for advice on whether or not to continue his pre-tax 401(k) contributions while also doing Roth conversions.

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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.