The shocking ‘widow’s tax penalty’ results in higher taxes on less income after your spouse dies — why you must plan for it now to prevent disaster

This change can significantly impact your taxes: you may face a lower standard deduction, a higher marginal tax rate, more of ...

Some retirees face a ‘survivor’s penalty’ after a spouse dies — here’s how to avoid it

Some retirees face a survivor's penalty on their taxes after a spouse dies. Here's how to reduce the burden, advisors say.

3Retirees Often Face Higher Taxes After A Spouse Dies: Steps To Avoid

The loss of a spouse can lead to higher taxes due to changes in filing status, reduced deductions, and increased Medicare surcharges. Planning ahead can help mitigate the survivor's penalty and reduce ...