Spousal Benefits, Investing, Roth Conversions, Trusts, and MYGAs: Q&A #2247

November 19, 2022

Spousal Benefits, Investing, Roth Conversions, Trusts, and MYGAs: Q&A #2247

Jim and Chris sit down to discuss listeners questions relating to spousal benefits, investing, Roth conversions, trusts, and MYGAs.

(7:45) Georgette from New York looks for clarification on the possible reduction of spousal Social Security benefits.

(15:30) A Californian listener wonders if it makes sense to sell some of his bond funds that are currently down or if it’s better to hold them for an eventual market rebound.

(41:00) Georgette asks about whether a previously closed Roth account starts the 5-year clock for Roth conversions.

(44:45) A listener looks to clear up some confusion regarding listing a Trust as beneficiary in an IRA.

(59:45) George in Tennessee asks how a Vanguardian do-it-yourselfer would purchase a multiyear guaranteed annuity (MYGA) inside an IRA.

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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.