The One Big Beautiful Bill: What Retirees Need to Know (Part 2)

The “One Big Beautiful Bill” may be a mouthful, but it brings major changes for retirees. In this follow-up episode, Ben and Kaitlin dive deeper into how the new tax law impacts retirement planning strategies. They discuss expanded standard deductions for those over 65, the long-term effects on required minimum distributions (RMDs), and how Roth conversions can help manage future taxes.   Here’s some of what we discuss in this episode: 📊 Updates to tax brackets and standard deductions 🕰️ Why today’s tax moves affect future RMDs 🔄 Roth conversion opportunities under OBBB ⚖️ Key considerations like SALT deductions and legislative changes 💡 Why a personalized plan is important for long-term retirement success   For more, visit us online: https://baschrock-fg.com/