Social Security, IRA Contributions, Spousal Benefits, and MYGAs: Q&A #2253

December 31, 2022

Social Security, IRA Contributions, Spousal Benefits, and MYGAs: Q&A #2253

Jim and Chris sit down to discuss listeners questions relating to Social Security, IRA contributions, spousal benefits, and multi-year guaranteed annuities (MYGAs).

(Into) Chris follows up on a question from last week to clarify application of the Social Security earnings test for survivor benefits when the survivor full retirement age is different than the retirement full retirement age.

(11:30) George asks a couple of Social Security questions in an attempt to stump Chris.

(26:15) Jim and Chris explain what to do if you make an IRA contribution and later want to change or undo it.

(43:15) George from Indiana looks for clarification on Social Security spousal benefits.

(51:45) George from Tennessee asks about the best place to purchase multi-year guaranteed annuities (MYGAs).

Podcast: Play in new window | Download (Duration: 1:18:38 — 36.0MB)

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