The One Big Beautiful Bill Act added an additional $1,000 "above the line" tax deduction. This allows donations to charity to be deducted without having to itemize your tax return. Listen in to take advantage of this extra deduction starting in 2026.

Many people struggle to save enough for retirement. Surprisingly, many also retire and struggle to spend the money they saved! In this show we discuss common fears and anxieties retirees face and strategies to break through and enjoy retirement.

Legislation was recently introduced to the House of Representatives to remove the capital gains tax on the sale of primary homes. In this show we talk about the $250,000 limit, what is at stake, and how this might impact retirees in a major way.

Big expenses during retirement do happen, often unexpectedly. What are some of these expenses and what are some strategies retirees can use to manage the cash outflow without risking their overall retirement success?

A $6,000 Bonus Deduction is part of the One Big Beautiful Bill Act. In this show we discuss the details of this new tax deduction, how it works, and some of the limitations. We also address the myth that this is an elimination of Social Security taxes.

How tax changes in the One Big Beautiful Bill Act impacts winning gamblers. There are new tax rules about gambling winnings and losses in the One Big Beautiful Bill Act. In particular, the new rule limits using only 90% of gambling losses to offset gambling winnings. This could have a life-changing impact on certain people who do a lot of "gambling." Do you pay taxes on your gambling winnings?

The "One, Big, Beautiful Bill Act" has just been signed into law, bringing significant changes that will impact your retirement. This episode breaks down the key provisions, from new tax deductions for seniors and permanent tax rate extensions, to potential shifts in healthcare and Required Minimum Distributions (RMDs). Tune in to understand how this sweeping legislation could reshape your financial future and what steps you need to take now.

The House of Representatives is adjusting the One, Big, Beautiful Bill and some parts greatly impact our health insurance system. In particular, the ACA subsidies that many rely on to afford health insurance are being reduced or eliminated. Does this really mean millions will lose coverage?

This episode confronts the stark reality of Social Security's projected insolvency in 2033, exploring what that means for current and future retirees. We'll delve into the potential implications of benefit reductions and discuss actionable strategies individuals can employ to bolster their own retirement security. Tune in to understand the challenges and discover potential solutions to navigate this critical financial crossroads.

Social Security full retirement age is currently 67 and there is talk to increase it to age 70. Recently, the country of Denmark passed laws increasing their full pension age to age 70. Will the U.S. follow this lead to help secure the future of Social Security?