Big Beautiful Bill: Top 3 Retirement Tax Changes Explained
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Big Beautiful Bill: Top 3 Retirement Tax Changes Explained
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The Big Beautiful Bill (BBB) passed on July 4th, bringing major changes that retirees and pre-retirees need to understand. In this episode, Jude breaks down the top 3 provisions most relevant to his clients and listeners: the permanent extension of marginal tax brackets, the increased standard deduction, and a new senior citizen deduction that could reduce taxes on Social Security for millions of retirees. These updates offer new opportunities for Roth conversions, long-term tax planning, and smarter retirement income strategies- if you know how to use them.
Here’s some of what we discuss in this episode:
📉 Marginal tax brackets extended, but not forever
🧠 Planning windows and why every tax law is written in pencil
🧾 Higher standard deduction simplifies filing for most
💬 Why “tax-free Social Security” didn’t make it into law
💰 New senior deduction may reduce taxes on Social Security income
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/