Tax Timing & Impact - Participants learn how timing affects tax-deferred accounts and how to optimize withdrawals to reduce tax liabilities.

Legacy Strategies - The workshop explores multi-generational strategies for passing on IRA assets in a tax-efficient way.

Target Audience - Pre-retired and early retired individuals, typically ages 51–70, who are looking to make informed decisions about their retirement income and legacy. [5 Phases of an IRA]

Important Notes:

- No products are sold during the workshop.

- Attendees are encouraged to consult with financial advisors or tax professionals for personalized advice.

Taxes and the “Widow’s Penalty”

Overview - This workshop addresses the “widow’s penalty”—a financial situation where surviving spouses pay higher taxes despite having the same or lower income after their partner’s death. The penalty can also impact Social Security benefits and Medicare premiums, making it a critical topic for retirement planning.

Target Audience

Married individuals nearing or in retirement Ages 45–75 Household income $80,000 and up

Key Topics Covered

Why taxes may increase after a spouse dies—even if income decreases How the penalty affects Social Security and Medicare Three strategic solutions to reduce or eliminate the penalty Estate planning essentials and key documents to review Use of the Tax Efficiency Checklist to personalize planning