Social Security, Transition Planning, Positioning, Roth Conversions, IRMAA: Q&A #2530

The Retirement and IRA Show

Jim Saulnier, CFP® & Chris Stein, CFP®

Business, Investing

4.3 • 730 Ratings

🗓️ 26 July 2025

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Chris is joined by Jake and Jacob to answer listener questions on Social Security, followed by a PSA about unexpected Social Security payment timing, then additional questions on transition planning, asset positioning across account types, weighing Roth conversions against the senior deduction, and planning around IRMAA.
(6:15) George asks what percentage of taxes he should have withheld from his 2025 Social Security income if that is his only source of income.
(22:45) A listener PSA describes how their spouse’s first Social Security payment arrived earlier than expected and shares a 40-day approval timeline.
(29:45) Chris and the Jacobs respond to a question about transition planning focused on protecting principal before retirement and enabling Roth conversions by age 70.
(53:45) A listener seeks guidance on how to position retirement assets across multiple account types when it’s not yet clear which accounts spending will come from.
(1:02:45) The guys consider how a single filer should weigh the value of Roth conversions against maintaining low income to maximize the senior deduction before RMDs begin.
(1:07:00) Georgette outlines her plan to limit Traditional IRA withdrawals to avoid IRMAA and asks whether it’s better to spend from the Roth or take higher withdrawals and accept IRMAA.

The post Social Security, Transition Planning, Positioning, Roth Conversions, IRMAA: Q&A #2530 appeared first on The Retirement and IRA Show.

Transcript

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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.
0:38.3	This is the retirement and IRA show coming to you from beautiful Northern Colorado.
0:43.7	Join us as certified financial planner Jim Sonier, as well as Colorado State University
0:48.7	Finance instructor and certified financial planner Chris Stein, teach you about IRAs, 401ks, annuities, social
0:56.3	security, pension plans, and estate planning in a fun and enjoyable show. Whether you are listening
1:02.1	live in Colorado or streaming from their website or iTunes podcast, Jim and Chris want you to know
1:08.1	that they're available to help you plan for your retirement.
1:14.0	Just visit their website at Jimhelps.com.
1:17.6	That's Jim H-E-L-P-S dot com.
1:20.1	And click the Meet the Team button on the homepage.
1:23.0	Now here's Jim and Chris with today's show.
1:32.5	Well, hello everybody and welcome to the Retirement and IRA show Q&A edition for this week.
1:39.0	Got a little different show than typical, although they're becoming more common.
1:41.9	Don't have Jim on the show with me today.
1:42.7	My name is Chris.
1:45.7	And instead, I've got Jake and Jacob from the office. So all three of us today got kind of a mixed bag of questions for the Q&A show.
1:51.6	So we got both, uh, Jake and Jacob, uh, to join me today. Jim is off on his travels and was
1:59.2	unavailable to record for this week.
	...

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