How Your Social Security is Taxed (2/9/24)

(2/9/24) Rich & Danny prepare for today's market action & economic releases; the notion that markets believe the Fed should lower rates is un-believable. Labor and unit costs will ultimately be the determining factor. Tesla is dropped from the Magnificent-7, replaced by Eli Lilly; should it be the "Sexy-7?" Mutant wolves roam Chernobyl; Taylor Swift & the Super Bowl: she is the epitome of the American Dream. Why Taylor Swift won't have to worry about IRMAA charges. New SS COLA and tax implications; why diversification of accounts matters. How your Social Security is taxed. IRMAA & the Five-Year Rule; FIFO (first-in, first-out) in Roth. How to manage Roth if retirement is a few years away. SEG-1: Market & Economic Numbers Preview: Fed Rate Policy SEG-2: Taylor Swift, Mutant Wolves, & The American Dream SEG-3: New SS & Medicare IRMAA Rules SEG-4: IRMAA, The Five-Year Rule, & Financial Seasoning Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Register for our next Candid Coffee: "Five Money Habits of Unhappy Couples," Saturday, February 24, 2024: https://streamyard.com/watch/TJz2bu2Xn9Hu -------- Watch today's show video here: https://www.youtube.com/watch?v=nOyz4MLNtzo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=354s -------- Articles mentioned in this report: "S&P Index Set To Hit 5000 As Bull Run Continues" https://realinvestmentadvice.com/sp-index-set-to-hit-5000-as-bull-run-continues/ "We Are Not On The 1970s Inflation Rollercoaster – Part Four" https://realinvestmentadvice.com/we-are-not-on-the-1970s-inflation-rollercoaster-part-four/ ------- The latest installment of our new feature, Before the Bell, "Market Internals Tell a Different Tale ," is here: https://www.youtube.com/watch?v=GbDq654nLvI&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Why the 2020's Aren't the 1970's" https://www.youtube.com/watch?v=kTOnEY4qdJE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=880s -------- Articles Mentioned in this Show: Retirement Savers Are Piling Into Stocks. Is That A Good Idea? https://realinvestmentadvice.com/retirement-savers-are-piling-into-stocks-is-that-a-good-idea/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #SocialSecurity #Medicare #IRMAA #TaylorSwift #SuperBowl #JanetYellen #Retirement #Roth #Markets #Money #Investing