<p><img fetchpriority="high" decoding="async" class="aligncenter wp-image-9564 size-full" src="https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header.jpg" alt="" width="1920" height="1080" srcset="https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header.jpg 1920w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-300x169.jpg 300w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-1024x576.jpg 1024w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-768x432.jpg 768w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></p> <p style="text-align: center;"><span style="font-size: 18px;"><strong><span style="color: #004f6e;">SOCIAL SECURITY TAXES AND DIVORCE: KEY DETAILS TO CONSIDER<br /> FROM BALTIMORE-WASHINGTON FINANCIAL ADVISORS</span></strong></span></p> <p style="text-align: center;"><strong><a style="background-color: #ce181e; color: #ffffff; font-weight: bold; text-decoration: none; padding: 14px 28px; display: inline-block; border-radius: 30px;" href="https://youtu.be/A9sUMZGU7II" target="_blank" rel="noopener">WATCH ON YOUTUBE</a></strong></p> <table style="border-collapse: collapse; width: 100%; height: 295px;"> <tbody> <tr style="height: 295px;"> <td style="width: 34.4073%; height: 295px;"> <p style="text-align: center;"><strong>Thad Ismart, CFP®, ChFEBC, CEPS</strong><br /> Senior Financial Planner, BWFA</p> <p><img loading="lazy" decoding="async" class="aligncenter wp-image-10609" src="https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast.jpg" alt="" width="200" height="200" srcset="https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast.jpg 2000w, https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast-300x300.jpg 300w, https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast-1024x1024.jpg 1024w, https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast-150x150.jpg 150w, https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast-768x768.jpg 768w, https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast-1536x1536.jpg 1536w, https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast-600x600.jpg 600w, https://bwfa.com/wp-content/uploads/2021/09/ThadIsmart_Bio_Podcast-160x160.jpg 160w" sizes="(max-width: 200px) 100vw, 200px" /></td> <td style="width: 32.9824%; height: 295px;"> <p style="text-align: center;"><strong>Tessa Hall</strong><br /> Media and Communications<br /> Specialist</p> <p><img decoding="async" class="wp-image-18568 aligncenter" src="https://www.bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-300x300.png" alt="" width="200" height="200" srcset="https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-300x300.png 300w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-1024x1024.png 1024w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-150x150.png 150w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-768x768.png 768w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-1536x1536.png 1536w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-600x600.png 600w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-160x160.png 160w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-400x400.png 400w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large.png 1875w" sizes="(max-width: 200px) 100vw, 200px" /></td> </tr> </tbody> </table> <p style="color: #ce181e; text-align: left;"><span style="font-size: 18px;"><strong><span style="color: #004f6e;">About This Episode</span></strong></span></p> <p data-start="259" data-end="519">Tessa speaks with BWFA’s Thad about Social Security planning and how divorce, survivor benefits, and taxes can impact your retirement income. They explain how benefits work for divorced individuals, including eligibility requirements and timing considerations.</p> <p data-start="521" data-end="928">The conversation also explores how survivor benefits differ from spousal benefits and what individuals should consider when deciding when to start benefits. In addition, they explain how Social Security is taxed and show why a full view of your financial picture matters. To better understand how Social Security planning fits into your broader retirement strategy, visit our <a style="background-color: #ffffff;" href="https://bwfa.com/retirement-services/">Financial Planning</a> page.</p> <details class="bwfa-collapsible"> <summary><strong>Read Full Description</strong></summary> <p>Social Security planning involves more than deciding when to start benefits. It also requires understanding how divorce and taxes impact your retirement income.</p> <p>In this episode of Healthy, Wealthy &#38; Wise, Tessa speaks with BWFA’s Thad about Social Security planning and how life events affect your benefits. Many individuals assume that divorce eliminates eligibility. However, that is not always the case.</p> <p>Individuals who were married for at least ten years may still qualify for spousal benefits based on an ex-spouse’s earnings record. Timing also plays an important role. The age at which you start benefits can directly affect how much you receive.</p> <p>The discussion also explains how survivor benefits work. These benefits follow different rules and can provide additional flexibility. Understanding these differences helps individuals make more informed decisions.</p> <p>Taxes are another key part of Social Security planning. Many people do not expect to pay taxes on their benefits. However, the IRS can tax up to eighty-five percent of your Social Security income.</p> <p>Your total income determines how much tax you pay. This includes income from retirement accounts, investments, and other sources.</p> <p>Because of this, it is important to consider how Social Security fits alongside other income sources. A coordinated approach can help manage taxes and support long-term financial goals.</p> <p>Ultimately, Social Security planning requires a full view of your financial situation. By understanding how benefits work and how taxes apply, you can make more informed decisions that align with your overall retirement plan.</p> </details>