Social Security, Deemed Military Wages, Estate Planning, QLACs: Q&A #2601

Jim and Chris discuss listener emails on Social Security claiming strategies, deemed military wages, and survivor benefits timing, a PSA from Jim and Chris on their New Year’s resolution, and QLAC use for inherited IRAs.

(11:00) A listener asks whether a spouse who will be collecting spousal benefits should ever delay claiming past full retirement age and also asks for retirement drawdown calculator recommendations.

(24:30) George asks how veterans can verify that deemed military wages were credited correctly to their Social Security earnings record.

(36:00) The guys address whether a surviving spouse can keep both Social Security checks after a spouse dies after being given conflicting answers from the Social Security Administration.

(45:00) Jim and Chris share a PSA on their New Year’s resolution relating to estate planning.

(1:02:45) A listener asks whether an inherited IRA can be used to purchase a QLAC with payments starting at age 84.

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