Social Security, Roth Conversions, MDF, HSAs, and Financial Advisors: Q&A #2251

December 17, 2022

Social Security, Roth Conversions, MDF, HSAs, and Financial Advisors: Q&A #2251

Jim and Chris sit down to discuss listeners questions relating to Social Security, Roth conversions, MDF, HSAs, and financial advisors.

(6:00) George asks a question on the mechanics of Social Security auxiliary benefits.

(15:15) A listener wonders if he can still do a 60-day rollover for a Roth conversion if he has no earned income.

(18:00) George from the UK looks for clarification on how to fund his minimum dignity floor (MDF) until he claims Social Security at age 70.

(33:45) A listener from New York looks to understand why he is not receiving the maximum Social Security benefit for someone who started claiming at age 70.

(44:30) George from Ohio wonders why someone would want to donate a portion of their health savings account (HSA) balance to a charity.

(51:00) A listener from New Mexico wonders if he husband should file for Social Security first to allow her to collect a spousal benefit.

(55:30) A listener looks for a pertinent list of questions to ask a commission based financial advisor when interviewing them.

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.