Social Security Benefits, RMD Taxes, IRMAA, and Social Security Taxation: Q&A #2508

The Retirement and IRA Show

Jim Saulnier, CFP® & Chris Stein, CFP®

Business, Investing

4.3 • 730 Ratings

🗓️ 22 February 2025

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

While Jim is attending a conference, Chris is joined by Jake to discuss listener questions relating to Social Security benefits, RMD taxes, IRMAA, and taxability considerations for claiming Social Security.

(5:00) Georgette asks whether her survivor benefit will be reduced since her husband passed away at age 71.

(13:30) The guys address whether claiming early on a work record reduces a spousal benefit or if the child-in-care provision prevents the reduction.

(22:15) An email comment corrects a hint given on a previous episode regarding NFL team names.

(26:30) A listener questions whether Chris overlooked the Qualifying Widower status in a previous Q&A episode answer.

(35:00) Chris and Jake respond to a listener asking whether taxes on a December RMD must be paid immediately or with the next estimated payment.

(44:30) George, who pays IRMAA due to a large Roth conversion, wonders if there’s a way to avoid it without qualifying under the listed exceptions on the SSA-44 form.

(53:45) A listener considers whether changes in Social Security taxation at the state and federal levels should influence their decision on when to start benefits.

The post Social Security Benefits, RMD Taxes, IRMAA, and Social Security Taxation: Q&A #2508 appeared first on The Retirement and IRA Show.

Transcript

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0:33.3	advisor.
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0:48.7	Finance instructor and certified financial planner Chris Stein teach you about IRAs, 401k's, annuities, social
0:56.4	security, pension plans, and estate planning in a fun and enjoyable show. Whether you are listening
1:02.2	live in Colorado or streaming from their website or iTunes podcast, Jim and Chris want you to know
1:08.2	that they're available to help you plan for your retirement.
1:14.1	Just visit their website at Jimhelps.com.
1:20.1	That's Jim H-E-L-P-S dot com and click the Meet the Team button on the homepage.
1:23.0	Now here's Jim and Chris with today's show.
1:32.8	Well, good day and welcome to the Retirement and IRA show Q&A edition for this week.
1:34.9	Thanks a lot for joining us.
1:38.2	Jim is not going to be joining us today, actually.
1:44.1	So our sub for the day is Jake.
	...

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