Social Security, Trusts, IRA Contributions and Deferred Compensation Plans: Q&A #2316

April 22, 2023

Social Security, Trusts, IRA Contributions and Deferred Compensation Plans: Q&A #2316

Jim and Chris sit down to discuss listener questions relating to Social Security, trusts, IRA contributions, and deferred compensation plans.

(4:30) A Californian listener asks about his sisters age 70 full Social Security benefit amount given her unique situation.

(11:30) This was a continuation on a question addressed last year regarding funding a bypass trust at death.

(37:00) A listener looks for clarification on how to carry forward excess IRA contributions in subsequent years and how to allocate future contribution limits to reduce the excess contribution.

(50:45) Jim and Chris share a story about a podcast listener and his very dire warning to people participating in a company’s non-qualified deferred compensation plan.

Podcast: Play in new window | Download (Duration: 1:03:04 — 28.9MB)

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