In July of 2025, Washington passed the One Big Beautiful Bill Act, and it's changing retirement tax planning in ways most people haven't heard about yet. If you plan proactively, these changes could save you thousands on your retirement tax bill.

But it's not just this one bill. Congress has been consistently changing the rules around retirement—from RMD ages shifting multiple times in recent years, to inherited IRA rules that caught millions of beneficiaries off guard. Every legislative session can bring new complexity to retirement planning.

What we cover in this episode:

00:00 Washington's Impact on Retirement

00:32 The One Big Beautiful Bill Act

03:54 The New Senior Bonus Explained

08:26 Secure Act and Required Minimum Distributions (RMDs)

10:46 The Inherited IRA 10-Year Rule

15:36 Government Shutdowns: Social Security & Medicare

18:24 Market Volatility & Your Portfolio

These legislative changes add complexity to retirement planning, but they also create opportunities for tax savings if you plan proactively.

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Loren Merkle, CFP®, RICP®, Certified Financial Fiduciary®

https://merkleretirementplanning.com/staff-members/loren-merkle/

Clint Huntrods, Certified Financial Fiduciary®, PhD

https://merkleretirementplanning.com/staff-members/clint-huntrods/

Molly Nelson, Host of Retiring Today with Loren Merkle

https://merkleretirementplanning.com/staff-members/molly-nelson/

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