Podcasts about survivor benefits

Should you elect full survivor benefits when retiring as a federal employee? In this episode, John, Tommy, and Mike discuss one of the most critical decisions for federal retirees. They explore the costs, benefits, and long-term financial implications of survivor benefits, urging retirees to carefully consider their options. They also emphasize the importance of full survivor benefits for ensuring continued income for spouses after retirement, providing real-life examples to show how these benefits can impact financial security, tax advantages, and peace of mind. Access the full show notes at Mason & Associates, LLC Resources Mentioned: Tommy Blackburn: LinkedIn John Mason: LinkedIn Federal Employee Health Benefits (FEHB) Stay Wealthy Retirement Show Federal Employees - DO NOT Decline Survivor Benefits! Mason & Associates Interview with Wavy 10- Military Survivor Benefits

You don't need to work longer; you just need a better plan. Schedule a 15-min call for your retirement planning with this link: https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-callWhat to expect now that you accepted the offer?How & can I proceed forward?What retirement elections do I have to make?What happens to my Sick & Annual Leave?Retirement: https://www.opm.gov/forms/pdf_fill/sf3107.pdfChapters0:00 Introduction4:57 Deferred Retirement Process9:57 Health Insurance Considerations14:56 Survivor Benefits and Life Insurance18:56 Understanding Life Insurance Options20:42 Navigating Tax Implications in Retirement22:13 Managing Annual and Sick Leave Benefits25:16 Embracing Retirement with Confidence27:27 Staying Active and Engaged in Retirement32:10 Hesslth Tip: Exploring Your Surroundings and OpportunitiesConnect with CD Financial for More Insights:Twitter: /CDFinancial_LLCInstagram: /CDfinancial.llcFacebook: /CDFinancialLLCLinkedIn: /cd-financial-llc Visit our Website: https://cdfinancial.org/Subscribe and Stay Updated: Don't miss out on crucial advice for your financial journey. Subscribe now for weekly insights and strategies to secure your retirement.Get More from CD Financial: Looking for personalized advice? Schedule a consultation with Charles to tailor a plan that suits your unique financial situation: https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-call#RetirementPlanning #OpenSeason2024 #FEHB #FederalEmployees #HealthInsurance #Podcast #FinancialWellness #CDFinancial #HealthMeetsWealth #InsuranceComparisonAdvisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company.Opinions expressed herein are solely those of CD Financial and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.Support the show

Planning for the future involves understanding what happens to your benefits after you are no longer here.  In this podcast episode, Micah and Christian explore the details of survivor benefits—who receives what, how to plan ahead, and why your choices are significant. You'll learn how your pension, Social Security, TSP, and FEHB affect your loved ones. The episode also covers important topics like insurable interest, beneficiary designations, and estate planning. Don't leave these crucial decisions to chance—tune in now to get the facts! https://zurl.co/jS2WG

Jim and Chris discuss listener questions relating to Survivor Benefits, Social Security Disability Insurance, and Donor Advised Funds. Before diving into listener questions, Jim shares insights from his recent trip to an industry conference, where he investigated financial planning software options that might align with their Secure Retirement Income Process™ and Fun Number™. The guys […] The post Survivor Benefits, Social Security Disability, and Donor Advised Funds: Q&A #2506 appeared first on The Retirement and IRA Show.

My wife is a federal employee and will retire next year. She is going to be 50 years old. I am going to be 58 when she retires. I am on her health insurance which we want to continue having post retirement. Can I stay on her health insurance without her taking either survivor benefit? I understand that if she dies, I am no longer covered but if she lives, we do not take any survivor benefit coverage, can I remain on her health insurance as long as she is alive? - Matt    https://zurl.co/KLkev

Raj Shah and Rick Borek explain the complexities of claiming Social Security benefits early versus delaying them for higher payouts. It discusses the implications for surviving spouses, the risks of investing early benefits, and the importance of understanding the long-term financial impact of these decisions. For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner. See omnystudio.com/listener for privacy information.

Survivor benefits are a critical part of any financial planning strategy, but what happens when traditional options aren't the right fit? In episode 120 of The Federal Retirement Show, Val explores alternative solutions, from life insurance policies to trusts, and discuss how each can be tailored to provide peace of mind for families. Whether you’re planning for the unexpected or just looking to strengthen your financial safety net, this episode will help you better understand the options that go beyond the basics. Don’t miss this episode if you’re looking to secure your financial future as a federal employee. Make sure to subscribe to The Federal Retirement Show for more episodes and leave us a review! Have questions about retirement planning or other financial topics? Connect with Val and the topic could be featured in future episodes! Don't forget to leave a review and share this podcast with anyone looking to boost their financial knowledge. --- Listen to Previous Episodes: https://federalretirementshow.com/podcasts/ Subscribe to the show’s YouTube channel:www.youtube.com/@americanbenefitsexchange --- Connect with Val:Phone --- (512) 582-6050Email --- vmajewski@thinkabx.comAmerican Benefits Exchange --- thinkabx.comFederal Retirement Show --- federalretirementshow.com/podcastsLinkedin --- https://www.linkedin.com/company/american-benefits-exchange/ --- About American Benefits Exchange:American Benefits Exchange focuses on providing solid financial solutions to Federal, postal, and state employees as well as members of the United States Armed Forces and small businesses. American Benefits Exchange brings years of experience and knowledge to support these niche markets. American Benefits Exchange, along with its provider companies, truly understands the needs of civil service employees. A portfolio of products is available to address important financial issues such as planning for retirement, FEGLI Option B replacement, Thrift Savings Plan Rollovers, and Pension Maximization. See omnystudio.com/listener for privacy information.

Need help with federal employee survival benefits. I looking for specific help with my wife's survivor FERS and Death Benefits. My wife worked for the Federal government and was still working when she passed.  After her death I met with her employer to fill out paperwork to gain access to her TSP (401k) and FERS accounts, and to make decisions regarding how the death benefit would be paid out. I don't understand the tax rules for the FERS and death benefit funds so am looking for some guidance.  My wife passed away in February and after 9 months, I was finally given access to her TSP account. Her FERS and death benefits are still being processed by OPM. - Mark    https://zurl.co/Gb4nj

THE INTERVIEW National Military Family Association CEO Besa Pinchotti talks about her family roots in Kosovo, and how her time as a journalist led to her advocacy for American military families. She also explains how NMFA helps meet the immediate needs for military spouses and children as well as advocate for legislation to make permanent changes to support military families. SCUTTLEBUTT Next year's Congress will feature the most women vet members ever Bronze Statue of Tuskegee Airman Found After Theft from Detroit City Park Special Guest: Besa Pinchotti.

Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book FREE WEBINAR: "The 7 Biggest FERS Retirement Mistakes": https://app.hawsfederaladvisors.com/7biggestmistakeswebinar Want to schedule a consultation? Click here: https://hawsfederaladvisors.com/work-with-us/ Submit a question here: https://app.hawsfederaladvisors.com/question-submission I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

You don't need to work longer; you just need a better plan. Schedule a peace of mind visit for your retirement planning with this link: https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-call"Financial freedom starts with a plan that protects what matters most—your loved ones and your future."Topics to consider as you ponder this decision: • Survivor Benefit choices: should I take 25%, 50%, or 0? • Once elected, you can't go back – one & done. • It's not cheap, but it might be essential.Chapters0:01 - Podcast Introduction0:35 - What Are Federal Survivor Benefits?2:15 - Decision Timing: When and How to Choose4:00 - Survivor Benefit Options: 0%, 25%, or 50%?6:45 - How to Maximize Your Pension8:30 - Health Insurance Implications for Survivors10:15 - Survivor Benefits vs. Life Insurance: What Works for You?12:00 - Navigating Emotional Conversations with Loved Ones14:30 - Common Mistakes in Survivor Benefit Elections18:20 - Minister of Finance's Top Tips for Federal Employees20:30 - Health Tip of the Day: The Power of MyrrhConnect with CD Financial for More Insights:Twitter: /CDFinancial_LLCInstagram: /CDfinancial.llcFacebook: /CDFinancialLLCLinkedIn: /cd-financial-llc Visit our Website: https://cdfinancial.org/Subscribe and Stay Updated: Don't miss out on crucial advice for your financial journey. Subscribe now for weekly insights and strategies to secure your retirement.Get More from CD Financial: Looking for personalized advice? Schedule a consultation with Charles to tailor a plan that suits your unique financial situation: https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-call#RetirementPlanning #OpenSeason2024 #FEHB #FederalEmployees #HealthInsurance #Podcast #FinancialWellness #CDFinancial #HealthMeetsWealth #InsuranceComparisonAdvisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company.Opinions expressed herein are solely those of CD Financial and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.Support the show

Dear Rusty: This is a matter that I find particularly irksome. My wife, a retired teacher, was told that, should I pre-decease her, she is not eligible to get survivor benefits from my Social Security payments. I'm sure there is some arcane, bureaucratic justification for this, but I think it unconscionable. Is this true and if so, what sort of major miracle would be required to alter that? Signed: Disgruntled in Texas Dear Disgruntled: If your wife was a teacher in a school district, which includes all Texas school districts, that exempted her from paying into Social Security, then any...Article Link

Jim and Chris sit down to answer listener questions related to Social Security, 529 Plans, and SPIA payments… (6:30) A listener wonders if they will be subject to the Social Security earnings test. (14:30) The guys weigh in on if/how a Roth conversion would impact an IRMAA appeal. (30:30) Chris answers whether there is a […] The post Earnings Test, IRMAA, Survivor Benefits, 529 Plans, and SPIAs: Q&A #2447 appeared first on The Retirement and IRA Show.

Are federal employees working longer than they need to? Are they working for “free” and not realizing it? Katherine Groce and Sam Nash discuss the benefits federal workers need to understand when they are saving and planning for retirement. They also share a story regarding a husband that unknowingly left his wife unprotected when choosing between his pension options. Katherine and Sam also discuss common pitfalls and concerns people have when they are making the transition into retirement. Want to begin building your retirement plan? Schedule a call with us here:

In this episode, we look at Social Security survivor benefits. Discover strategies and the different scenarios that may affect your eligibility.

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Jim and Chris sit down to discuss listener questions relating to Social Security Child-in-Care, Disability, and Survivor Benefits, as well as Conduit Trusts… (20:00) A listener asks if he qualifies for child-in-care benefit under his wife's Social Security since he helps care for their disabled son, and if the son could be getting half of […] The post Social Security Child-in-Care, Disability, and Survivor Benefits; and Conduit Trusts: Q&A #2438 appeared first on The Retirement and IRA Show.

Raj Shah and Rick Borek delve into the complexities of Social Security, particularly the implications of claiming benefits early versus delaying them. They emphasize the importance of strategic planning in retirement to mitigate potential losses due to benefit cuts and inflation.  For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner. See omnystudio.com/listener for privacy information.

Mail Bag (release on 9/12/24) – In this episode, Chris Boyd and Jeff Perry dig into the Team AMR Mail Bag and discuss questions and issues from clients and listeners. In a fast-paced and sometimes humorous conversation, Chris and Jeff handle questions related to SIPC coverage, Social Security Survivor benefits, how Social Security fits into a comprehensive financial plan, seeking a second opinion on retirement planning, and super-funding a 529 plan. In addition, Jeff and Chris discuss their upcoming College Planning Webinar (see link below). For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr To register for our College Planning Webinar, click the link below: https://attendee.gotowebinar.com/register/3777108755579750751  

I read the $1,000.00 example that you write and 50% of 1K is 500.00 a month for my wife. That makes sense and I understand. My Q is my spouse is 12 yrs YOUNGER than I am. Does the Age difference make a difference in the SBP cost? - Albert 

During this show, we'll discuss Social Security survivor benefits and your ideal filing age.

Brandon covers the potential threats to Social Security and the need to plan for a reduction in income streams in retirement. He highlights the possible cuts that could occur by 2035 on Social Security income. Brandon also explores the various scenarios that could lead to reduction in retirement income, such as the absence of a survivor benefit in a pension plan or the less of one spouse's Social Security check. Like what you hear? Get a second opinion today

During this show, we'll discuss Social Security survivor benefits and your ideal filing age.

During this show, we'll discuss Social Security survivor benefits and your ideal filing age.

During this show, we'll discuss Social Security survivor benefits and your ideal filing age.

During this show, we'll discuss Social Security survivor benefits and your ideal filing age.

Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book FREE WEBINAR: "The 7 Biggest FERS Retirement Mistakes": https://app.hawsfederaladvisors.com/7biggestmistakeswebinar Want to schedule a consultation? Click here: https://hawsfederaladvisors.com/work-with-us/ Submit a question here: https://app.hawsfederaladvisors.com/question-submission I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

This week we discuss Veteran Survivor Benefits with U.S. Department of Veterans Affairs, learn about Minnesota Department of Transportation becoming a Beyond the Yellow Ribbon organization and get an update from our Senior Enlisted Leader. Guests include: Isaac Lundquist – U.S. Department of Veteran Affairs Jon Solberg – Minnesota Department of Transportation Karin Van Dyck […] The post Veteran Survivor Benefits and MnDOT Becoming a Yellow Ribbon Organization appeared first on Minnesota Military Radio.

Mark Narrations Uploads - Playlist65,748 views • Dec 24, 2023 • Mark Narrations Uploads - PlaylistRelationship Reddit Stories, OP refuses to help her husbands ex receive survivor benefits.

January 29, 2024 on ForYourBenefit, our host Bob Leins, CPA®, welcomes Bob Braunstein, Federal Benefits Specialist. Have you ever considered how much additional income your loved ones might need if you were suddenly gone? Have you planned their survivor benefits? Today's program will focus on answering these questions: What types of Federal survivor benefits would go to your loved ones if you pass away? How can you be sure the benefits you have planned/elected for your survivors will be enough? If you have not elected benefits or designated specific beneficiaries, will your survivors be eligible for them anyway? What survivor benefits must be elected? Can you make these elections later or must they be in place before you pass away? Who ensures your survivors receive benefits? What is your Federal agency's responsibility? OPM's responsibility? Should survivor benefits be part of your financial plan? Are these benefits taxable? Which are and which are not?   For questions or comments, email us in advance at ForYourBenefit@nitpinc.com

Social Security can get confusing very quickly. You have FRAs & PIAs, and Spousal benefits, Survivor benefits, Disability, and your own benefits.And the crazy part is that each of these "types" of Social Security benefits have different rules and nuances.In this episode, I am sharing everything you need to know about Survivor Benefits. We will answer the following questions:Who gets a survivor benefit?When can I get a survivor benefit?Do I get my own benefits and the survivor benefit on top of that?How much will my survivor benefits be?Do I have to take survivor benefits immediately?Can I still get survivor benefits if I am divorced?I am sharing the answers to these questions and giving you what you need to know about Social Security survivor benefits. Buckle up, because it get's pretty technical in this episode!Other episodes mentioned:Ep. 45: The Complete Guide to Social Security Spousal BenefitsWant help with your retirement plan?

Today Bill and Becky sit down with Mike Piper, author of the book, "Social Security Made Simple," to navigate through the many nuances of Social Security. They discuss everything from claiming strategies to survivor benefits as well as taxation and the implications of delaying benefits. Mike sheds light on the often overlooked aspect of spousal benefits, emphasizing that delaying your benefits can help boost the household income for as long as either spouse is alive. The team also explores the complications that can arise from differing ages and earning histories of spouses. Mike has numerous helpful resources available at his blog, Oblivious Investor, that simplify how Social Security works and how individuals can make informed decisions about when to file for benefits. Whether you're single, married, or thinking about retirement planning, this episode offers important insights to help you understand and maximize your Social Security benefits. Connect with us Buy us a coffee Resources mentioned on the show:   opensocialsecurity.com   Oblivious Investor   Social Security Made Simple: Social Security Retirement Benefits and Related Planning Topics Explained in 100 Pages or Less by Mike Piper   ssa.gov/myaccount   Full Retirement Age   Primary Insurance Amount   4% Rule   SSA Windfall Elimination Provision   Social Security Bridge Payment   W-4V Form   Garrett Planning Network   Advice-Only Network   mike@obliviousinvestor.com     Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Chris sits down on a solo show to discuss listeners questions relating to IRMAA, SSA-44, and Social Security spousal/survivor benefits. (3:30) A Californian listener asks about the timing of when IRMAA will start relative to applying for Medicare. (10:11) A listener from Indiana looks for clarification on the need for an SSA-44 form for a […] The post IRMAA, SSA-44, and Social Security Spousal/Survivor Benefits: Q&A #2345 appeared first on The Retirement and IRA Show.

Join us as we sit down with Certified Divorce Financial Analyst and Founder of the non-profit organization, Savvy Ladies, Stacy Francis, to discuss social security laws and how they impact widowed parents. In this interview, Stacy discusses the following:•    Who qualifies for Social Security survivors' benefits? •    What is the difference between spousal benefits and survivor benefits? •    How does the Social Security Administration handle survivors benefits for widows with dependent children, and what factors determine eligibility for these benefits?  •    What happens to widows who get remarried? •    What happens to widows who go back to work? •    What are the potential advantages of delaying social security benefits for widows?  •    Can you collect both survivor benefits and spousal benefits at the same time? •    What advice do you have for widows who are struggling to navigate social security and other financial matters during such difficult times? •    Are there any recent updates or changes to social security laws that widows should be aware of, and how might these changes impact their benefits? If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.To learn more about Stacy can help you, you can visit her websites: https://www.savvyladies.org/stacy-financial-advice/ and https://francisfinancial.com/Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.

Many of the FedEx and UPS pilots still have a pension and they often ask what to do about the survivor benefits. Many of them are inclined to lean towards the 50% survivor benefit, but that's not typically the best option. To help us explore some of these other options, we've invited Dave Befort onto the podcast today. He's an expert in the Infinite Banking Concept for pilots as well as many other aspects of retirement, and we're going to talk today about different survivor benefit options and how they play into your overall retirement strategy. Dave believes strongly in using life insurance to help you control your money and he'll explain some of these strategies in this video. #pilotlife #infinitebanking #survivorbenefits   Here are some of the highlights from this episode: 0:00 – Intro 2:06 – The math behind the 50% survivor benefit 6:02 – The questions you need to be asking 12:02 – Another option: permanent life insurance 19:35 – The benefits of the Infinite Banking Concept 22:49 – Tax strategies 29:24 – Sequence of return risk   Learn more about Dave: https://maxperformancefinancial.com/about/   Retire Pilots - https://retirepilots.com Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX Pilot Tax - https://pilot-tax.com/ The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Not every state in the U-S gives the same tax credits for military personnel.  How do you know which state to file taxes in when you are transferred during the calendar year?  And how is deployment income taxed? Tackling these, and many other questions are Susan Speirs, CEO of Utah Association of CPAs; Derek Nelson - tax examiner manager & Steve Carlow - outreach training coordinator, both with the Utah State Tax Commission; and Brandon Olsen & Patrick Munson -- both partners and CPAs with Adams & Peterson, CPAs.You can also get FREE help with your taxes at VITA. You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here.See omnystudio.com/listener for privacy information.

Spencer Reese from MilitaryMoneyManual.com and Jamie from the Military Money Manual Podcast sit down with Brian O'Neill from Winged Wealth Management and Financial Planning. Brian is a CERTIFIED FINANCIAL PLANNER®, fiduciary, and fee only financial planner focusing on the military community and especially pilots. He runs the private Facebook group, Fighter Pilot Finance to help military pilots gain air superiority over their financial life. If you want to reach out to Jamie or Spencer for a military financial question, DM instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com. If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon at or at shop.militarymoneymanual.com. Spencer also offers a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.

Jim and Chris sit down to discuss questions relating to Social Security, survivor benefits, asset management, annuities and RMDs. (3:30) A listener from Washington looks for clarification on claiming a Social Security survivor benefit and the timing of claiming her own personal benefit. (14:15) A listener from Michigan wonders if waiting till age 70 to […] The post Social Security, Survivor Benefits, Asset Management, Annuities, and RMDs: Q&A #2333 appeared first on The Retirement and IRA Show.

Jim and Chris discuss questions relating to Social Security, WEP, survivor benefits, RMDs, annuities, and pensions. (5:45) Georgette in Texas looks for clarification on the impacts of the windfall elimination provision (WEP) on her anticipated Social Security benefit. (14:00) George from Nebraska asks about the timing of claiming a Social Security survivorship benefit based on […] The post Social Security, WEP, Survivor Benefits, RMDs, and Pensions: Q&A #2331 appeared first on The Retirement and IRA Show.

Facebook/Instagram: Haws Federal Advisors Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book FREE WEBINAR: "The 7 Biggest FERS Retirement Mistakes": https://app.hawsfederaladvisors.com/7biggestmistakeswebinar Want to schedule a consultation? Click here: https://hawsfederaladvisors.com/work-with-us/ Submit a question here: https://app.hawsfederaladvisors.com/question-submission I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

Jim and Chris sit down to discuss listeners questions relating to Social Security, spousal/survivor benefits, SPIAs, and IRA basis. (4:00) A listener from Delaware looks for clarification on the timing of claiming Social Security and when his wife is eligible to claim a spousal benefit. (15:25) A local Colorado listener wonders how she can begin […] The post Social Security, Spousal/Survivor Benefits, SPIAs, and IRA Basis: Q&A #2325 appeared first on The Retirement and IRA Show.

Are your spouse and children supported by your Social Security benefits? What happens in the unlikely event that you pass away suddenly and unexpectedly? In this episode, Michael, John, Tommy, and Ben explain some of the lesser-known aspects of Social Security. Diving into the realm of family benefits, they discuss scenarios where non-contributing spouses or children can still access significant returns. Access the full show notes at Mason & Associates, LLC

How do you protect your nest egg when you're really risk-averse and want safe, low-risk investments - should you invest in annuities, CDs? When choosing a money market fund, should you just invest in the one with the highest post-tax return? How do you go about replenishing cash, or rebalancing your portfolio, when the stock market is up? Plus, the widow's penalty in relation to Roth conversions, and switching from survivor Social Security benefits to your own. Also - withdrawing from your portfolio before RMD age? One listener says nobody should ever need to do it!  Timestamps: 00:51 - How to Safely Invest and Protect $400K When You're Risk Averse (Tyler, OH - voice) 07:31 - Rebalancing: How to “Replenish Cash” When Stocks Are Up? (Elisa, Fremont, CA) 13:27 - Money Market Funds: Don't I Want the Highest Post-Tax Return? (Michael, CO) 18:42 - The Widow's Penalty and Roth IRA Conversions (KBH, San Antonio) 27:46 - Can I Switch from Survivor Social Security Benefits to My Own at Age 70? (Sara, Tucson, AZ) 30:43 - COMMENT: Come On People, You've Had a Lifetime to Set Up Your Retirement (April, Tinley Park, IL) 36:46 - The Derails Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-425 Withdrawal Trap Doors - YMYW TV episode and free companion guide Register for the Q1 2023 Market Update / Q2 2023 Financial Market Outlook Webinar, April 26, 12pm PT / 3pm ET with Pure Financial Advisors' EVP and Chief Investment Officer, Brian Perry, CFP®, CFA. Episode Transcript Ask Joe & Big Al On Air

Listener Q&A where Andy talks about: Whether or not to reinvest dividends when in retirementCapital gain exclusion when selling a primary residence, and the "step up in basis" when leaving a primary residence to heirs How the Social Security "earnings test" impacts benefits when under Full Retirement Age and still workingHow to amend a tax returnConsiderations when gifting stock that has appreciated in valueLinks in this episode:Boomer Benefits Facebook group page - https://www.facebook.com/groups/508122746351903My podcast episode about the 4% Rule - hereFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com

Today we are talking about a once-in-a-lifetime opportunity for military retirees. The open season allows retirees who did not take survivor benefits initially to reverse that decision and potentially secure up to 55% of their pension for their spouse if they predecease. In this episode, Michael, John, Tommy, and Ben, will be explaining the cost of purchasing military survivor benefits, the changes in cost over the years, and who is most likely to benefit from this opportunity. Access the full show notes at Mason & Associates, LLC

Jim and Chris sit discuss questions relating to Social Security survivor benefits, Roth conversions, taxes, rollovers, and inherited 401(k)'s. (10:15) A listener asks about Social Security survivor benefits and the ability to turn survivor benefits back on after giving them up previously. (17:15) A listener from New York asks if claiming a spousal benefit before […] The post Social Security Survivor Benefits, Roth Conversions, Taxes, Rollovers, and Inherited 401(k)'s: Q&A #2310 appeared first on The Retirement and IRA Show.

Something rare is going on in the military community. Right now, until the end of 2023, there is an Open Season for the Survivor Benefit Plan. It's part of the 2023 National Defense Authorization Act (NDAA) enacted by Congress. The SBP is one of the biggest decisions you make retiring from the military, one that can have a lasting impact on your retirement money. If you weren't happy with the decision you made at retirement, now's your chance for a redo.  In this episode, Heath Walrath breaks down what the Survivor Benefit Plan is, what the open season is, what factors you should consider, and how to make a decision that works for you and your family.  Heather is an Accredited Financial Educator who has enjoyed working with military members and families for the last 14 years while empowering them with financial education. She's a 2009 FINRA Military Spouse Fellow and holds a BA in economics from the University of Georgia and a paralegal certificate from the Denver Paralegal Institute.  She is also an accredited Veteran's Service representative. Heather has worked as a Personal Financial Counselor (PFC) with all branches of the military, including the Guard and Reserve components, as part of both the non-profit education sector and the Department of Defense PFC network.  She is considered to be a subject matter expert on military survivor benefits. The show notes can be found here: https://laceylangford.com/podcast/survivor-benefits-plan-open-season/

In this episode of Retirement Answers, I discuss the things you need to know about Social Security survivor benefits. I see people often confuse survivor and spousal benefits, so I wanted to answer a question I received about survivor benefits and how they are different from spousal benefits. Enjoy!

Scott and James discuss how you should choose your survivor benefits options for your pension. Join the Real Personal Finance Community and click on "The Nation"We're on YouTube here!Listener Question:I'm not sure if this can be a whole show but I was wondering if you guys can go over how to think about choosing between the Survivor Benefit Plan (SBP) and whole or term insurance. I'm in the military and will be retiring soon. I work with a lot of members that are retiring and this choice seems like a coin flip or they simple go off of what someone else did. I know this decision is different for everyone so I was hoping you guys could go over a framework of how to compare the two. I would love to be able to point people to a podcast that walks them through the process of comparing the two.Planning Points DiscussedUtilizing Time EfficientlyCapital AppreciationPurchasing PowerOther issues (IRAs, Inflation, Financial Goals, etc.)Timestamps:2:30 - We're on YouTube HERE!6:17 - Pension Overview11:15 - Understanding Your Options14:46 - Individual Choices16:46 - Customization is Key19:00 - Aligning Your Financial GoalsLET'S CONNECT!JamesYouTube LinkedIn WebsiteScottFacebook Twitter WebsiteENJOY THE SHOW?Don't miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play.Submit Your Question For The Show Here!