Social Security, Roth IRA Contributions, TIPS, Life Insurance, Cost Basis, and Roth Conversions: Q&A #2116

April 17, 2021

Social Security, Roth IRA Contributions, TIPS, Life Insurance, Cost Basis, and Roth Conversions: Q&A #2116

Jim and Chris sit down to answer listeners’ questions relating to Social Security, Roth IRA contribution rules, TIPS, life insurance, cost basis, and Roth conversions.

(2:55) A listener looks for advice on the best date for his wife to claim her Social Security benefit.

(17:30) George from Michigan asks if graduate students receiving funds from the university can qualify to make contributions to Roth IRAs.

(21:15) A listener asks about the best way to select the appropriate time horizon for Treasury Inflation-Protected Securities (TIPS).

(31:35) A Californian would like to know whether or not to borrow against the cash value in a life insurance policy.

(56:30) Georgette from New York asks about calculating the cost basis on her current mutual fund holdings.

(1:05:35) An Ohioan wonders if it is possible to do Roth conversions from an Inherited IRA.

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

Jim Saulnier, Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC to residents of: CO, IA, IN, MA, NY, TN, TX, WI and WY. No offers may be made to or accepted from any resident outside the specific states mentioned. Jim Saulnier, Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Financial Planning services offered through Jim Saulnier and Associates, LLC., a Registered Investment Advisor. Cambridge and Jim Saulnier & Associates, LLC are not affiliated.