Social Security, Annuities, and Inherited Roth IRAs: Q&A #2431

August 3, 2024

Social Security, Annuities, and Inherited Roth IRAs: Q&A #2431

Jim and Chris sit down to discuss listener questions relating to Social Security, annuities, and inherited Roth IRAs.

(5:30) George asks about how he can determine the best time for his wife to claim her Social Security benefit.

(16:45) George wonders how his mother-in-law can get the Social Security Administration to use the monthly earnings test rather than the annual earnings test.

(28:00) Jim and Chris next tackle a question from a listener regarding their answer on the July 6th Q&A Show #2627 on how the 5-year rule on Roth qualified distributions impacts a non-spouse beneficiary who inherits a Roth IRA if the beneficiary never owned a Roth IRA before. The original answer was incorrect, and Jim and Chris take the opportunity with this listener’s question to clear up the confusion.

(53:45) A listener looks for clarification on a previous podcast episode regarding variable annuities within IRAs.

(1:04:15) A listener wonders about implementing a multi-year guaranteed annuity (MYGA) in his retirement plan.

Articles Referenced:

https://irahelp.com/slottreport/part-1-inherited-roth-ira-by-non-spouse-beneficiary-5-year-clock-issues/

https://irahelp.com/slottreport/part-2-inherited-roth-ira-by-spouse-beneficiary-5-year-clock-issues/

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