The One Big Beautiful Bill: How It Changes Your Retirement & Taxes

Ready to get your free Retire Wyze assessment? Start here: https://wyzewealthadvisors.com/free-retirement-assessment/ Big news from Washington as the One Big Beautiful Bill (OBBB) was signed into law on July 4, and it's already reshaping the retirement landscape. In this video, Ryan and Nick break down the biggest tax, retirement, and planning updates from the new law, and explain what it could mean for your financial strategy.With more than 800 pages in the bill, there’s so much to sort through and many items that won’t impact you. Today we’ll break down the biggest changes and highlight some planning opportunities you may want to consider now, like using Clean Energy Credits before they expire or reviewing how charitable deductions might apply to your situation. Don't panic, many of these changes won’t require immediate action. But understanding what’s changed is the first step in making confident decisions. Here’s what we cover in this episode: 📉 Tax brackets and standard deduction amounts have been made permanent and are getting an inflation bump.🧾 SALT deduction cap temporarily increased, which is great news for high-tax states.🚗 New auto loan interest deduction applies but not everything qualifies.👶 A new “Trump Account” lets parents invest for kids’ retirement before they even have earned income.💡 Clean Energy Credits are expiring soonConnect with us:Web: https://wyzewealthadvisors.com/Phone: 724-271-7019Watch the show on YouTube: https://bit.ly/3Ssra3H