Social Security, RMDs, QLACs, and Buffered ETFs: Q&A 2445
Description
Jim and Chris sit down to discuss listeners questions relating to Social Security, RMDs, QLACs, and Buffered ETFs…
(12:30 ) The guys are asked if dual citizenship will affect Social Security benefits.
(20:30 ) George looks for clarity on Social Security’s family maximum rules.
(30:00 ) Chris explains the reduction factor when claiming a spousal Social Security benefit.
(35:45 ) The guys address some confusion a listener had with a recent article talking about Roth conversions once somebody begins their required minimum distributions (RMDs).
(54:30 ) Jim and Chris discuss what happens if somebody wants to open a Qualified Longevity Annuity Contract (QLAC), but they have not fully satisfied their Required Minimum Distributions for the year and are interested in doing a Qualified Charitable Distribution (QCD). Can they transfer money from their IRA to the QLAC before satisfying their RMD?
(1:01:00 ) A listener wonders if, with funds that have a one-year holding period in the design of their outcome period (buffered ETFs), are capital gains treated as long-term or short-term?
The post Social Security, RMDs, QLACs, and Buffered ETFs: Q&A 2445 appeared first on The Retirement and IRA Show.
United States
