A fishing tackle retrieval device for freeing snagged fishing tackle includes a ring that is oblong, thus defining a narrow end and a wide end. A bar is coupled to the ring proximate to the wide end. A loop is coupled to the bar distal from the ring and extends curvedly from the bar, defining a free end that is positioned proximate to the bar. The free end and the bar define a slit in the loop. A cut is positioned through the ring proximate to the narrow end. A coupler, configured to couple to a retrieval line, is coupled to and positioned on the wide end. A notch is positioned in the ring at the narrow end. The notch is configured to couple to a fishing line-leader connection as the ring is pulled toward the surface, such that the fishing tackle is disengaged from the obstruction.