The standard deduction for a widow over 65 can be higher than that of the average taxpayer. This has the potential to lower your taxable income and reduce your federal tax bill. This is because widows ...

Workers and spouses become eligible for Social Security retirement benefits at age 62, but widow(er)s are eligible for survivors' benefits at age 60. Survivors' benefits let widow(er)s inherit their ...

Workers and spouses are eligible for retirement benefits at age 62, but widows and widowers are eligible for survivors benefits at age 60. Survivors benefits allow widows or widowers to inherit their ...

Eventually, your clients will need to discuss how their assets will be divided and distributed when the grim reaper comes knocking. You could say that this is what makes the least pleasant among all ...

Stacy Francis is the President and CEO of Francis Financial & founder of Savvy Ladies™, empowering women to achieve financial independence. When Margaret lost her husband, Ben, her world turned upside ...

Alice Stone Nakhimovsky was forced to learn about her finances at a time of profound grief after losing her husband of nearly 50 years, exposing the risks of couples not sharing financial information.