Spousal Benefits, Social Security, Indexed Universal Life policies, and Backdoor Roth IRAs: Q&A #2045

November 7, 2020

Spousal Benefits, Social Security, Indexed Universal Life policies, and Backdoor Roth IRAs: Q&A #2045

Jim and Chris answer listener questions about spousal benefits, tax withholdings on Social Security benefits, Indexed Universal Life policies, and Backdoor Roth contributions.

(6:15) An Arizonian wants to know more information on claiming spousal Social Security benefits at their Full Retirement Age (FRA).

(14:30) George asks a question about withholding Federal taxes on Social Security benefits.

(18:30) A listener asks about leveraging Indexed Universal Life (IUL) policies for tax advantages throughout retirement.

(52:30) A Michigander wonders if Backdoor Roth IRA contributions make more sense than purchasing an Indexed Universal Life (IUL) policy.

Podcast: Play in new window | Download (Duration: 1:03:35 — 28.7MB)

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