Explanation of why income taxes increase for surviving spouses. Links in this video: retirement planning Insights - Taxes in Retirement - #TaxPlanning #Taxes #IncomeTaxes DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.... ( read more )
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The Widow and Widower Tax Penalty refers to a situation wherein a surviving spouse is punished by higher taxes simply because they are no longer married. This penalty can be particularly devastating for those who have just...
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