Today on Your Money, Your Wealth® podcast #59, Joe Anderson, CFP® and Big Al Clopine, CPA address a challenge to the advice to wait until age 70 to take Social Security and they tackle your questions on making the most of your benefits, what happened to annual projections for those on restricted applications, using a revocable trust to protect assets from Medicaid, converting from 403(b) to Roth IRA, rolling Roth 401(k) to Roth IRA, and whether to contribute to a Roth 401(k) or Traditional 401(k). Ask money questions, read the transcript & access free financial resources: 00:48 - Why Do So Many People Say Wait Until 70 to Take Social Security?
06:28 - Does My Wife Receive 50% of My Full Retirement Social Security Benefit Or Another Amount?
10:11 - Restricted Spousal Social Security: I Can’t Get an Annual Report of Projected Benefits?
14:56 - Will a Revocable Living Trust Protect Assets from Medicaid
20:05 - Social Security MAGI Calculation Increases My Medicare Premiums!
22:56 - Is It Worth It to Convert My Old $90K 403(b) to Roth?
27:23 - Can I Roll My Roth 401(k) to Roth IRA Immediately? Can I Contribute From My Savings?
30:00 - Should I Contribute to Roth 401(k) or Traditional 401k)? (Dave, OR)
34:54 - YMYW Podcast Comments: Chidam Made a Mistake, Sam Has a Suggestion
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