Social Security, Basis In 401(k)’s/IRAs, and Minimum Dignity Floor (MDF): Q&A #2308

February 25, 2023

Social Security, Basis In 401(k)’s/IRAs, and Minimum Dignity Floor (MDF): Q&A #2308

Jim and Chris sit down to discuss listeners questions relating to Social Security, basis in 401(k)’s/IRAs, and the Minimum Dignity Floor (MDF).

(6:15) A listener from Virginia asks for clarification on the timing of filing their Social Security paperwork to receive a spousal benefit.

(18:30) A listener from Minnesota wonders if the IRA keeps track of after-tax basis in 401(k) and IRA style accounts.

(30:00) George from Texas asks about the average percentages that we see clients spending on the different categories of their Minimum Dignity Floor (MDF) in retirement.

(40:30) A listener from Delaware looks for clarification on how to calculate and cover a portion of her Minimum Dignity Floor (MDF) in a survivorship scenario.

Podcast: Play in new window | Download (Duration: 1:15:04 — 34.4MB)

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