Big Picture Retirement

Straight From Our Inbox: Listener Voicemails on Social Security and More

Informações:

Synopsis

In today's episode, Devin and John answer a few questions from listener's voicemails. Here's a glimpse of what we discuss: Carol wonders if her husband can start collecting Social Security on her benefits, despite her already receiving hers. Cynthia brings a multifaceted query on government pensions, deceased spouse benefits, and the intricacies surrounding her mother’s and stepfather’s financial landscape. Michael seeks clarity on the Secure Act 2.0, especially regarding Qualified Charitable Distributions (QCD) and their tax implications. Clark delves into the optimal timing for claiming his Social Security benefits, while navigating the complex considerations surrounding retirement investment strategies and market dynamics. Bobby is curious about the specifics of the full retirement age year and its timeframe. In another call, Michael navigates the transition from SSI to Social Security for a disabled adult and the health insurance implications involved. Lilo ponders the transition between spousal benefits