Things That Make You Go Hmm – RMD Rules, IRA Mistakes, and Tax Court...
Chris’s Summary:This week’s EDU show is a throwback to an old favorite—things that make you go “hmm.” Jim brought back a list of oddities from the latest Ed Slott training, covering everything from RMD...
View ArticleSocial Security Benefits, Roth Conversions, and Annuities: Q&A #2512
Jim and Chris discuss listener questions relating to Social Security strategies, spousal benefits, Roth conversions, and annuities. (8:15) George asks whether a widow who was widowed before age 60 has...
View ArticleRoth 5-Year Rules and the Tax Planning Window: EDU #2513
Chris’s SummaryJim and I continue our review of interesting and sometimes confusing retirement planning facts, mostly drawn from Jim’s recent Ed Slott conference. We focus on the two Roth five-year...
View ArticleIdentity Theft, Spousal Benefits, RMD Taxes, IRA Withdrawals, and 401(k)...
Jim and Chris discuss listener questions relating to spousal Social Security benefits, RMD tax withholding, IRA withdrawals, and 401(k) contribution limits. Jim also shares a PSA about a recent attempt...
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Weathering Market Downturns: EDU #2514
Chris’s Description Jim and I talk about how market downturns—like the one we’re seeing now—can cause people to second-guess their plans, even when they’re well prepared. We walk through how our Secure...
View ArticleSocial Security, Roth Conversion Tax Strategy, and Identity Theft PSA: Q&A #2514
This week’s is a bit of a non-traditional Q&A episode where Jim and Chris address two listener questions on Social Security but then move into Public Service Announcement mode. For the first PSA...
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Defining Unicorn Status in Retirement: EDU #2515
Chris’s Summary:Jim and I are joined again by Jacob as we discuss listener emails about “unicorn” status—our term for retirees whose Minimum Dignity Floor and Fun Number are both covered by secure...
View ArticleSocial Security, RMD age, Tax Planning, and Inherited Roth IRAs: Q&A #2515
Jim and Chris discuss listener questions relating to Social Security, origins of the RMD age, the tax planning window, and RMDs from Inherited Roth IRAs. (11:00) Georgette asks how to qualify for...
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Asset Positioning in the Transition Period: EDU #2516
Chris’s Summary: Jim and I are joined by Jake and Jacob to discuss listener emails related to asset positioning for retirement and the transition period leading up to it. We break down how we think...
View ArticleTax Planning, Minus-One Method, Inherited Roth RMDs, and Early Social...
Jim and Chris discuss listener questions relating to tax planning at full retirement age, the minus-one method for RMDs, inherited Roth RMDs, and early Social Security. (9:10) A listener jokes about...
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Transition Period Strategy and Positioning: EDU #2517
Chris’s Summary:Jim and I are again joined by Jacob as we continue exploring transition period strategy—the years just before retirement when you’re not yet withdrawing but want to prepare. We cover...
View ArticleSocial Security Benefits, IRMAA, and QCD Timing: Q&A #2517
Jim and Chris discuss listener questions relating to Social Security spousal benefits, IRMAA relief, suspending Social Security for tax planning, and QCD timing with RMDs. (3:00) A listener enquires...
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Transition Period Strategy Part 3 – A Case Study: EDU #2518
Chris’s Summary:Jim and I are joined once again by Jacob for the third and final part of our series on transition period strategy. This time, we focus on the practical side of asset positioning: how...
View ArticleIRA Contributions, Special Needs Trusts, Roth Conversions, and Cost Basis:...
Jim and Chris are joined by Jake to discuss listener questions related to IRA contributions from self-employment income, special needs trusts, year-of-death Roth conversions, Cost Basis, and IRMAA....
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