Manage episode 337722256 series 2424283
Jim and Chris sit down to discuss questions relating to Social Security cost-of-living adjustments (COLAs), 401(k) contribution rules, and inherited IRAs.
(6:30) A Kansas listener asks a quick question about how she can change her address on her Social Security card.
(10:00) A listener asks for the specifics on how exactly Social Security COLAs are calculated and implemented into benefits.
(16:15) George from Michigan wonders about Social Security COLAs for ages 60-62 in high inflationary environments.
(17:30) George and Georgette from Ohio ask if waiting until age 63 to claim Social Security will benefit the COLA on their benefits.
(36:00) A Texan listener looks for advice after contributing the maximum amount for three different 401(k) plans.
(54:30) Georgette from Georgia looks for clarification on successor rules for inherited IRA beneficiaries.
The post Social Security COLA, 401(k) Contribution Rules, and Inherited IRAs: Q&A #2233 appeared first on The Retirement and IRA Show.