The recently passed One Big Beautiful Bill (OBBB) is already reshaping the retirement planning landscape, and it’s left many pre-retirees and retirees wondering what it truly means for them. In this episode, Ben and Kaitlin break down the most talked-about provisions, like changes to tax brackets, the permanence of the standard deduction, and how “tax-free Social Security” headlines don’t always tell the whole story.
You’ll hear how new deductions specifically target retirees, what provisions expire after 2028, and which lesser-known elements, such as child tax credits, Trump accounts, and car loan interest deductions, may impact younger family members. The rules may look favorable now, but strategic planning is essential to lock in those benefits. Tune in to learn how to prepare while these advantages are still on the table.
Here’s some of what we discuss in this episode:
⚖️ Tax brackets remain unchanged for now
🏡 Standard deduction increases offer big relief, but only for some
⏳ Extra deductions for those over 65 will phase out after 2028
📰 Headlines can be misleading, so focus on your own personalized strategy
🔄 “Permanent” tax changes may still shift with future elections
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