Social Security, Brokered CDs, Income Annuities, Stretch Annuities, and RMDs: Q&A #2323

June 10, 2023

Social Security, Brokered CDs, Income Annuities, Stretch Annuities, and RMDs: Q&A #2323

Jim and Chris sit down to discuss listeners questions regarding Social Security, Brokered CDs, Income Annuities, Stretch Annuities, and RMDs.

(18:30) A listener from Texas asks a question about the family maximum Social Security benefit.

(32:00) George from Ohio mentions that brokered CDs can be a great short-term principally protected alternative to Multi-Year Guaranteed Annuities (MYGAs).

(44:45) A Floridian is wondering if there is an annuity that will pay a lifetime income stream with a guaranteed inflation adjustments built into it.

(54:30) As a continuation of one of last week’s questions, Jim and Chris explain what a non-qualified stretch annuity is, and whether they recommend utilizing the strategy.

(1:11:30) Georgette from California asks about Required Minimum Distributions (RMDs) on annuities.

Podcast: Play in new window | Download (Duration: 1:29:27 — 40.9MB)

Subscribe: RSS

Check out the background of firms and investment professionals on SEC’s Adviser Info Page.

Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

© 2024, Jim Saulnier & Associates All rights reserved.

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.