Social Security, Mega Backdoor Roth Strategies, and QLACs: Q&A #2040

October 3, 2020

Social Security, Mega Backdoor Roth Strategies, and QLACs: Q&A #2040

Jim and Chris answer questions covering Social Security, Mega Backdoor Roth conversion strategies, and Qualified Longevity Annuity Contracts.

(6:00) A Pennsylvanian asks about various claiming strategies of Social Security survivor benefits.

(13:45) Georgette from California asks a question about which date she should file for Social Security benefits.

(29:35) George from Illinois asks about Mega Backdoor Roth conversions strategies.

(51:20) Georgette from California wants to know what considerations to think about when timing the purchase of Qualified Longevity Annuity Contracts (QLACs)?

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

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.