Government Pensions & Social Security, Fun Money Buckets, and SS Potential Changes in 2035: Q&A #2009

February 29, 2020

Government Pensions & Social Security, Fun Money Buckets, and SS Potential Changes in 2035: Q&A #2009

Today Jim and Chris discuss how government pensions affect Social Security benefits, how they calculate fun money bucket sums, and the projected potential change in Social Security funds in 2035.

(8:10) A Coloradoan asks about how WEP might affect his wife’s Social Security benefits due to her PERA account.

(16:15) Georgette wonders how Jim and Chris generate the large sums that would be spent in a fun money bucket, especially if those funds aren’t available to someone immediately.

(52:05) A Georgia listener would like recommendations on how to overcome the potential shortcoming of Social Security’s projected lack of funds in 2035.

 

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Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

Ed Slott Advisor recognition requires an advisor to be well versed on the rules and regulations regarding IRAs. The advisor must attend two live training sessions and pass two written exams annually to remain in the program. Jim Saulnier & Associates, LLC (“RIA Firm”) is a registered investment adviser located in Fort Collins, CO. Jim Saulnier & Associates, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Current registered states: CA, CO, PA, TX, WA, IL Insurance products and services are offered and sold through James H. Saulnier, a Colorado licensed insurance producer, only in those states in which he is reciprocally licensed or qualifies for an exemption or exclusion from licensing requirements. Current reciprocal insurance licensing in these states: AZ, CA, CA, CN, FL, HI, IA, MA, MD, NY, PA, SC, TN, TX, VA, WA, WI, WY Click here for a more detailed disclosure.