What The “Big Beautiful Bill” Means For Your Retirement Plan

A new tax bill has officially passed (you’ve probably heard it mentioned as the “Big Beautiful Bill”). And while most headlines are focused on politics, we’re focused on what it means for your retirement. The choices you make in the next year or two could have a significant impact on how much you keep and how much goes to Uncle Sam. 

You’ll hear about nuanced changes like a much higher SALT cap, expanded charitable giving deductions, and some surprising updates, including deductible car loan interest and a new “senior citizen” tax deduction designed to help offset taxes on Social Security benefits. These changes don’t overhaul the entire tax system, but they create opportunities worth understanding. Knowing how these provisions apply to you can help maximize your savings before the rules potentially change again.

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

📉 What extended lower tax brackets mean for Roth conversions

🧾 How the higher standard deduction may simplify your taxes

🏡 The SALT deduction cap increase from $10K to $40K

💸 The new “senior deduction” and its impact on Social Security

💥 Updated deductions for charitable contributions and car loan interest

Disclosures:

The commentary on this Podcast reflects the personal opinions, viewpoints and analyses of Sage Capital Advisors, LLC DBA Dyer Wealth Management employees making such comment, and should not be regarded as a description of advisory services provided by Dyer Wealth Management or performance returns of any Dyer Wealth Management Investments client. The views reflected in the commentary are subject to change at any time without notice.

The opinions expressed in this Podcast are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

Dyer Wealth Management provides advisory services through Sage Capital Advisors, LLC an SEC registered investment adviser. Advisory services are only offered to clients or prospective clients where Dyer Wealth Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Dyer Wealth Management unless a client service agreement is in place.

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