Social Security: Withdrawing Your Application vs. Suspending Your Benefit

January 16, 2016

What is the difference between withdrawing your Social Security application and suspending your benefit? Jim, Chris and Peter answer this email question from a listener. They also discuss why the Social Security Administration gives you options for your claiming date if you file for your benefit after your full retirement age. Among other topics, they clarify the tax basis on a Roth conversion, examine the new Private Letter Ruling prices (they’re going way up!),  and give some information on 401(k) to Roth 401(k) conversions.

Podcast: Play in new window | Download (Duration: 1:43:06 — 47.2MB)

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