Social Security, SPIA Taxation, IRMAA, Roth Conversions: Q&A #2529
The Retirement and IRA Show
Jim Saulnier, CFP® & Chris Stein, CFP®
4.3 • 730 Ratings
🗓️ 19 July 2025
⏱️ 86 minutes
🧾️ Download transcript
Summary
Chris and Jake address listener questions on Social Security, single premium immediate annuity (SPIA) taxation, IRMAA impacts from NQDC payments, and Roth conversions.
(9:45) George asks whether the restricted application strategy for Social Security spousal benefits is still possible, and if so, whether birth year requirements apply, along with what changed after the 2015 law change.
(22:15) The guys share a PSA about a listener’s experience with the Social Security application process, explaining how failure to submit a marriage certificate caused delays when applying for spousal benefits.
(31:00) A listener asks whether untaxed tip income affects the amount of Social Security benefits a worker may receive in retirement.
(36:00) Georgette asks whether SPIA payments purchased using Traditional IRA funds are considered taxable income for life.
(45:15) A listener asks if ongoing NQDC payments will be included in MAGI calculations and impact IRMAA.
(55:30) Chris and Jake discuss whether taxes owed from a Roth conversion can be paid when filing taxes the following year, or whether quarterly payments are required to avoid penalties.
(1:09:15) A listener asks whether living in a state that exempts Social Security from state taxes should impact Roth conversion planning.
The post Social Security, SPIA Taxation, IRMAA, Roth Conversions: Q&A #2529 appeared first on The Retirement and IRA Show.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The retirement and IRA show represents the words and views of the show hosts exclusively and should not be construed as investment legal or tax advice. All information is believed to be from reliable sources. However, we make no representation as to its completeness or accuracy. All economic and performance information is historical in nature and is not indicative of any future results. Any indices mentioned on the show are unmanaged and cannot be invested indirectly. Diversification and asset allocation strategies do not assure profit or protect against loss. |
| 0:23.7 | Never make any investment or financial decisions based on information offered on this show |
| 0:26.8 | without first consulting your financial legal or tax advisor. |
| 0:29.6 | Financial planning services offered through Jim Solnior and Associates LLC, a registered investment |
| 0:33.3 | advisor. |
| 0:38.2 | This is the retirement and IRA show coming to you from beautiful Northern Colorado. |
| 0:43.6 | Join us as certified financial planner Jim Sondier, as well as Colorado State University |
| 0:48.6 | Finance instructor and certified financial planner Chris Stein, teach you about IRAs, 401ks, annuities, social security, |
| 0:57.0 | pension plans, and estate planning in a fun and enjoyable show. Whether you are listening live in |
| 1:02.7 | Colorado or streaming from their website or iTunes podcast, Jim and Chris want you to know that |
| 1:08.2 | they're available to help you plan for your retirement. |
| 1:13.9 | Just visit their website at Jimhelps.com. |
| 1:17.5 | That's Jim H-E-L-P-S.com. |
| 1:20.0 | And click the Meet the Team button on the homepage. |
| 1:22.9 | Now here's Jim and Chris with today's show. |
| 1:32.6 | Well, hello everybody and welcome to the Retirement and IRA show Q&A edition. |
| 1:43.8 | And today, a little change up. Jim is not on the show with me. It's going to be the Chris and Jake Q&A show today. So I'll get Jake on here momentarily. I do want to |
| 1:48.2 | start the show and apologize to those who are, I'll call them avid listeners who listen immediately |
| 1:55.4 | after each show is released, the EDU show for this week. We didn't have one. So we had a just kind of a sudden |
| 2:05.8 | issue, actually about a half an hour before Jim and I were due to record that podcast. My daughter |
| 2:12.7 | started showing signs as what we thought was an appendix issue. And we had another child years ago, |
| 2:20.8 | who we barely got to the hospital in time with an appendix issue that had to be removed under |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Jim Saulnier, CFP® & Chris Stein, CFP®, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Jim Saulnier, CFP® & Chris Stein, CFP® and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.