Ask GFC 028: Using a Roth Conversion to Minimize the “Widow’s Penalty”
Tax rates for married couples filing jointly are much more generous than what they are for a single person. This can be a problem in retirement when one spouse dies and the other has a sudden increase in their tax liability.
The post Ask GFC 028: Using a Roth Conversion to Minimize the “Widow’s Penalty” appeared first on Good Financial Cents®.