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The Big Beautiful Bill Act Could Change Your Retirement Plan — Here’s How

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Manage episode 497571316 series 3404044
Content provided by Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®, Kevin Kroskey, Tyler Emrick, and CFA® CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®, Kevin Kroskey, Tyler Emrick, and CFA® CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Get your customized planning started by scheduling a no-cost discovery call: http://bit.ly/calltruewealth

Congress passed the One Big Beautiful Bill Act — the biggest tax overhaul since the 2017 Tax Cuts and Jobs Act — and it could change the way you plan for retirement. From a brand‑new $6,000 senior deduction to new rules for charitable giving and major shifts in healthcare subsidies before Medicare, the law creates both new opportunities and new pitfalls for retirees and pre‑retirees.

In this episode, Tyler Emrick, CFA®, CFP®, unpacks what the changes really mean for you. We’ll explore how to take advantage of the charitable giving rules before new floors kick in, how to manage Roth conversions to maximize the senior deduction, and what to watch for as ACA subsidies become less generous starting in 2026. Whether you’re five years from retirement or already living it, this episode will help you understand the risks, the opportunities, and how to keep your plan on track under the new law.

Have questions?

Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.

http://bit.ly/calltruewealth

Here’s some of what we discuss in this episode:

💸 Above-the-line charitable deduction coming in 2026

📦 SALT cap expanded = more families itemizing again

📉 New ACA subsidy cliff could cost early retirees $10K+

🔁 Roth conversions just got trickier, but they’re still powerful

Our website: https://www.truewealthdesign.com/

Phone: 855.TWD.PLAN

Schedule your no-cost discovery call: http://bit.ly/calltruewealth

Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/

Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1

  continue reading

180 episodes

Artwork
iconShare
 
Manage episode 497571316 series 3404044
Content provided by Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®, Kevin Kroskey, Tyler Emrick, and CFA® CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®, Kevin Kroskey, Tyler Emrick, and CFA® CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Get your customized planning started by scheduling a no-cost discovery call: http://bit.ly/calltruewealth

Congress passed the One Big Beautiful Bill Act — the biggest tax overhaul since the 2017 Tax Cuts and Jobs Act — and it could change the way you plan for retirement. From a brand‑new $6,000 senior deduction to new rules for charitable giving and major shifts in healthcare subsidies before Medicare, the law creates both new opportunities and new pitfalls for retirees and pre‑retirees.

In this episode, Tyler Emrick, CFA®, CFP®, unpacks what the changes really mean for you. We’ll explore how to take advantage of the charitable giving rules before new floors kick in, how to manage Roth conversions to maximize the senior deduction, and what to watch for as ACA subsidies become less generous starting in 2026. Whether you’re five years from retirement or already living it, this episode will help you understand the risks, the opportunities, and how to keep your plan on track under the new law.

Have questions?

Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.

http://bit.ly/calltruewealth

Here’s some of what we discuss in this episode:

💸 Above-the-line charitable deduction coming in 2026

📦 SALT cap expanded = more families itemizing again

📉 New ACA subsidy cliff could cost early retirees $10K+

🔁 Roth conversions just got trickier, but they’re still powerful

Our website: https://www.truewealthdesign.com/

Phone: 855.TWD.PLAN

Schedule your no-cost discovery call: http://bit.ly/calltruewealth

Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/

Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1

  continue reading

180 episodes

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