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 ...

How should I receive Social Security survivor benefits?

Social Security survivor benefits have different rules than spousal benefits, and both work differently from the retirement ...

We all dream of a peaceful retirement, but life can shift overnight. Here’s how to adjust your financial plan when the unexpected takes over

Emotionally, this sudden life change can be just as draining as a financial one. After years of independence, David now has ...

Social Security payment boost for 2026 confirmed: New monthly amounts for retirees, spouses, survivors, and disabled beneficiaries explained

Social Security increase 2026 is officially locked in — and the new payment numbers are bigger than expected. A 2.8% COLA ...
El Adelantado de Segovia

It’s official—Social Security will increase payments in 2026—here are the new monthly figures for retirees, spouses, and survivors

The Social Security Administration (SSA) announced that Social Security benefits, including Old-Age, Survivors, and ...
The Daily Overview on MSN

Some retirees face a survivor penalty, here's how to avoid it

Losing a spouse can shatter a household emotionally and financially, and the tax code often makes the aftermath even harsher.