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Social Security, IRMAA, Basis In IRAs, and SPIAs: Q&A #2343

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Jim and Chris sit down to discuss listeners questions relating to Social Security, IRMAA, basis in IRAs, and SPIAs.

(26:15) A listener looks for general clarification on their own Social Security benefit, potential survivor benefit and the effects of WEP.

(34:15) George from Minnesota asks about the timing of IRMAA and when they might be expected to pay the additional premium.

(43:45) Jim discussed some ideas for how to separate the after-tax basis in an IRA.

(57:30) George from Texas looks for clarification on the tax treatment of a distribution from a SPIA.

The post Social Security, IRMAA, Basis In IRAs, and SPIAs: Q&A #2343 appeared first on The Retirement and IRA Show.


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