Social Security, WEP, Survivor Benefits, RMDs, and Pensions: Q&A #2331

August 5, 2023

Social Security, WEP, Survivor Benefits, RMDs, and Pensions: Q&A #2331

Jim and Chris discuss questions relating to Social Security, WEP, survivor benefits, RMDs, annuities, and pensions.

(5:45) Georgette in Texas looks for clarification on the impacts of the windfall elimination provision (WEP) on her anticipated Social Security benefit.

(14:00) George from Nebraska asks about the timing of claiming a Social Security survivorship benefit based on a couple of hypothetical situations.

(40:00) George in Iowa references a previous show on annuities and asks about annuities receiving the last in, first out (LIFO) tax treatment.

(53:30) A listener in Oregon looks for thoughts on the claiming strategies for his FERS pension and minimum dignity floor funding.

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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.