Widow's Penalty Explained Navigating Financial Changes After Loss

After one spouse dies, the survivor may face higher tax brackets and Medicare IRMAA surcharges—even when much of the household income remains.
IRMAA Certified Planner Mark Annese explains why couples should plan for the “widow’s penalty” before a crisis occurs.
Watch the complete Money Matters episode:
https://youtu.be/ObQJ6HQhdj4
Illustrative discussion only; Medicare premiums, thresholds and individual circumstances vary.
#Medicare #IRMAA #RetirementPlanning #WidowsPenalty #Shorts