Watch Out for This BIG Retirement Tax Trap

What this episode covers

We all know that we need a plan for taxes in retirement... But what if there is a big tax bill waiting for surviving spouses? Yes, surviving spouses often have larger tax bills as a single tax filer compared to when they were filing jointly. This is what I call the Widow's Tax Trap.Do you have large IRA or 401k balances?Are you married?Well, you will want to pay attention to this episode. I am sharing what the Widow's Tax Trap is and what you can do to avoid it. Want help with your retirement plan?👇🏼☎️ Book a call with me: https://calendly.com/jacobduke/intro✉️ Email me: [email protected] your question here: [email protected]: https://www.youtube.com/@retirementanswers#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity

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Frequently Asked Questions

How long is this episode of Retirement Answers?

This episode is 15 minutes long.

When was this Retirement Answers episode published?

This episode was published on August 8, 2023.

What is this episode about?

We all know that we need a plan for taxes in retirement... But what if there is a big tax bill waiting for surviving spouses? Yes, surviving spouses often have larger tax bills as a single tax filer compared to when they were filing jointly. This is...

Can I download this Retirement Answers episode?

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