Social Security, Minimum Dignity Floor, ERISA, and Roth IRA Contributions: Q&A #2044

October 31, 2020

Social Security, Minimum Dignity Floor, ERISA, and Roth IRA Contributions: Q&A #2044

Jim and Chris answer listener questions about Social Security, The Minimum Dignity Floor, ERISA, and Roth IRA Contributions.

(7:30) A listener wonders where to start when deciding which withholding rate to choose for Social Security benefits.

(18:55) John Jacob Jingleheimer Schmit from Kentucky asks about Social Security claiming strategies to cover their Minimum Dignity Floor.

(45:05) An Ohioan wants to know about ERISA rules with naming child beneficiaries on 401(k)s.

(58:50) George would like more information on Roth IRA contributions for young children.

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.