Navigating Retirement's Transition Phase

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.