Social Security, Tax Credits, Step-Up in Basis, VATs, Rollover IRAs, and LTC: Q&A #2114

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By Jim Saulnier, CFP® & Chris Stein, CFP®, Jim Saulnier, and Chris Stein. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Jim and Chris sit down to discuss listener questions and comments on Social Security, Tax Credits, Step-Up in Basis, VATs, Rollover IRAs, and LTC.

(7:00) A listener from North Carolina would like to know how the family’s maximum Social Security benefit affects a child’s Social Security benefit.

(25:10) A CPA from Alabama commented on future tax credit proposals.

(30:50) A Californian has a comment about the possible elimination of the step-up in basis readjustment.

(34:20) A listener from Virginia has a comment about the possible impact Value-Added Taxes (VATs) could have on Social Security Cost of Living Adjustments (COLA).

(42:25) George from Oregon asks a question about Rollover IRAs.

(50:10) A South Carolinian is curious about self-funding for Long-Term Care, and if there is such thing as a “Catastrophic Coverage” Long-Term Care policy.

The post Social Security, Tax Credits, Step-Up in Basis, VATs, Rollover IRAs, and LTC: Q&A #2114 appeared first on The Retirement and IRA Show.

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