Ep 145: A Tough Conversation – Retirement and Divorce

Phil's Tax Hacks

English - August 04, 2022 09:00 - 20 minutes - 28.3 MB - ★★★★★ - 4 ratings
Investing Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Ep 144: Retirement Pop Quiz – Can You Get an A+?

Next Episode: Ep 146: A Deep Dive Into RMDs (Part 1)

We’re going to have a tough conversation about retirement and divorce on today’s episode. How does this difficult decision impact your retirement financially?

Join us on today’s episode as we break down these major topics:

Why is working with a financial advisor essential during a divorce? (6:10)
You don’t want to ignore tax implications of breaking up retirement accounts. (7:04)
Rolling a spouse’s retirement account into a new IRA immediately after divorce. (9:33)
How divorce can impact Social Security payments. (15:56)

Watch the video podcast: https://www.youtube.com/channel/UCGS8K5-iPEy6b7fu4pLNLtA

Read more and get additional financial resources here: http://philstaxhacks.com