On Your Money, Your Wealth® podcast #275 with Joe Anderson, CFP® and Big Al Clopine, CPA: the windfall elimination provision (WEP), government pension offset (GPO) and spousal Social Security benefits. Also, Roth IRA conversions and Medicare, Roth conversions from a thrift savings plan (TSP), and conversions to buy real estate. Plus, asset location and other tax planning strategies beyond Roth IRA conversions, like life insurance and charitable remainder trusts. Send in money questions, read the episode transcript and access free financial resources in the podcast show notes:

00:35 – Social Security: Government Pension Offset and Spousal Benefits
03:14 – Joe’s Social Security File & Suspend Email Experience
05:47 – Social Security: How Can I Avoid the Windfall Elimination Provision?
10:25 – Should I Take the Pension Lump Sum or Annuity? Should I Take Social Security at 66?
16:00 – Can I Switch from the Social Security Survivor Benefit to My Own at Age 70?
19:30 – Roth Conversions and Medicare
22:46 – Should I Do a Roth Conversion to Buy a House?
29:58 – How to Use Asset Location to Reduce Taxes
33:30 – Should I Consolidate My TSP and IRA Accounts?
35:46 – TSP to Roth Conversion Revisited
40:13 – Tax Planning Strategies Beyond Roth Conversions

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• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.
• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with a tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
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• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors….(read more)

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