How Widowhood Can Change Your Retirement Tax Picture (Ep. 201)

Losing a spouse is one of life’s most difficult experiences, emotionally and financially. Many retirees are surprised to learn that widowhood can also create significant tax and retirement-planning challenges that may affect income, Medicare premiums, estate plans, and long-term financial security. In this episode, Larry Heller, CFP®, CDFA®, explains why the loss of a spouse […]

Why Losing a Spouse Can Create Unexpected Tax Challenges

The Financial Impact Many Surviving Spouses Don’t Expect Losing a spouse is emotionally difficult enough.  But many surviving spouses are also surprised to learn that the loss can create new financial and tax challenges, even when their overall income goes down. Many retirees assume taxes will decrease after one spouse passes away. In reality, the […]