Social Security, The Five Year Rule, Pensions, and Rollovers: Q&A #2209

February 26, 2022

Social Security, The Five Year Rule, Pensions, and Rollovers: Q&A #2209

Jim and Chris discuss questions relating to Social Security, the five year rule, taxation of lump-sum pension payouts, and rollovers.

(11:30) An Ohio listener looks for advice on the best Social Security claiming strategy for his sister in Tennessee.

(28:00) A Massachusetts listener looks for clarification on the five year rule and opening a Roth IRA.

(45:15) Georgette references a question from last weeks show and asks about potential tax deferral/mitigation surrounding lump-sum pension payouts.

(49:15) George from California asks about closing his Roth IRA which is currently invested in a lending club and how that works.

(59:15) George wonders about potentially only rolling a portion of his Roth 401(k) into his Roth IRA.

Podcast: Play in new window | Download (Duration: 1:15:46 — 34.7MB)

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