Social Security, IRMAA, ETFs, Private Investments: Q&A #2547

Jim and Chris discuss listener questions on Social Security spousal benefits, IRMAA’s classification, concerns about buffer-style funds, the growing push toward private investments, and moving from mutual funds to ETFs.

(22:30) A listener presents a hypothetical asking whether the repeal of WEP/GPO could allow Georgette to receive a spousal benefit based on her ex-husband’s Federal Employee record.
(28:30) Jim and Chris review a listener’s question about when his spouse can file for her spousal Social Security benefit after he submitted his own application.
(37:30) The guys address a listener’s challenge to the explanation that IRMAA is an insurance premium rather than a tax.
(43:45) George asks about a recent AQR paper evaluating the effectiveness of buffer funds.
(1:01:45) A listener wonders whether the growing push toward private investments—such as private equity and private debt—means they should consider using them.
(1:10:45) Jim and Chris review a listener’s question on whether long-held mutual funds can be moved into ETFs without triggering large capital gains.