In this episode of Her Money Revolution, Angela Brooks, CFP®, provides a comprehensive breakdown of the newly passed One Big Beautiful Bill Act (OBBBA)—signed into law on July 4, 2025. This significant legislation brings sweeping changes to tax policy, retirement savings, business incentives, and childcare benefits, with direct implications for individuals, families, and small business owners.

Angela walks you through the core elements of the OBBBA, translating complex policy shifts into practical insights. She highlights how these updates can affect women specifically—whether as employees, entrepreneurs, or heads of households. From enhanced standard deductions for retirees to valuable tax credits for small businesses, this episode equips you with the knowledge to understand and adapt to these pivotal changes. Tune in now!

Episode Highlights:

• An overview of the One Big Beautiful Bill Act and its legislative goals
• The five most impactful changes, including higher standard deductions for retirees and tax relief on tips and overtime
• New tax credits for small businesses that start retirement plans
• Employer deductions for providing or subsidizing childcare
• Updates to bonus depreciation and simplified Qualified Business Income (QBI) deductions
• Specific financial advantages and considerations for women
• Actionable steps to assess your financial strategy in light of these new policies

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