What No One Tells You About Income Planning After Losing A Spouse

Losing a spouse is emotional. Making financial decisions during that time? Even harder. In this important episode, Catherine and Rachel walk through what really happens to your income after loss — and the surprises many women don't see coming. From Social Security survivor benefits (and why you don't get to keep both checks) to pension elections that can dramatically impact long-term income, timing matters more than most realize. They also unpack the "widow's penalty" — how taxes can actually increase after a loss due to filing status changes, shrinking tax brackets, IRMAA Medicare surcharges, and required minimum distributions. You'll also learn: When survivor benefits can begin (and remarriage rules to watch) Why the first year after loss may offer unique tax planning opportunities How Roth conversions, capital gains harvesting, and step-up in basis strategies can help Key pension and life insurance considerations before and after loss This is a compassionate but practical conversation about protecting income, reducing taxes, and creating confidence during life's most difficult transition. Download the Widow Income Transition Checklist here: https://savvyup.com/wp-content/uploads/2026/02/widow_income_checklist.pdf A practical guide to help you think through income replacement, tax changes, and next steps with clarity. Date Recorded: 2/19/26 Disclosure: Savvy Women Wealth Management is an SEC Registered Investment Advisor The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Tax considerations presented may not be appropriate every individual circumstance. A tax professional should be consulted before making any decisions about your tax liability. savvyup.com | 760.692.5700