In this episode, the hosts discuss retirement saving strategies, tax planning benefits, and the potential impact of the You Earn It, You Keep It Act on Social Security. They emphasize the importance of considering Roth accounts, tax brackets, and time horizons when making retirement savings decisions. The You Earn It, You Keep It Act proposes eliminating federal taxes on Social Security benefits and raising the cap on the Social Security payroll tax. The hosts also provide a brief history of Social Security and its original purpose. This conversation covers various topics related to Social Security and retirement planning. It discusses the impact of Social Security on longevity and how amendments have expanded benefits for spouses and survivors.  It also emphasizes the importance of holistic planning and the benefits of a comprehensive retirement plan. The pros and cons of annuities and the possibility of opening a Roth IRA for a minor are also touched upon. Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/  See omnystudio.com/listener for privacy information.

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