The $6,000 “Boomer Bonus” – fabulous tax break or political glitter bomb?
Starting in 2025, Uncle Sam is dangling a shiny new $6,000 tax deduction for folks 65+, or $12,000 if you’re married. Sounds fabulous, right? Well… not so fast. In this episode, we unpack who actually benefits, how the phase-outs work, and why some in our community could see a nice boost—while others get stuck sipping house wine at The Abbey.
💡 Takeaways from this episode:
- What the new $6,000/$12,000 retirement deduction really is (and isn’t).
- The income phase-out ranges that shrink your bonus.
- Real examples featuring single lesbians, married gay couples, and those bougie retirees with 1,000-thread count sheets.
- Why this isn’t a fix for Social Security (and how Gen X might get shafted… again).
- How to start planning so you keep more of your coins come retirement.
🎧 Whether you’d use $6,000 for bills, travel, or a new pair of red-bottoms, this episode breaks down what this boomer perk means for you.
Grab your Happy Gay Retirement Calculator for help starting your fabulous retirement plan.
Mentioned in this episode:
Get Your Portugal Golden Visa Faster Here!
Want a European passport with access to living in nearly any European country? Just click the link below to find out how.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.