Phil’s Tax Hacks

Ep 145: A Tough Conversation – Retirement and Divorce

August 4, 2022

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