How to avoid the ‘survivor’s penalty’ before a spouse passes

• After a spouse dies, the survivor may face higher future taxes when switching to single filer for federal taxes.
• But you can minimize the possible tax hit with advanced planning, such as Roth individual retirement account conversions, account ownership and beneficiaries.

Read the article here: https://www.cnbc.com/2024/03/18/how-to-avoid-the-survivors-penalty-before-a-spouse-passes.html