Welcome to Episode 12 of the Retirement Planning Podcast with your hosts Darrin McComas and Jason Fox. In this episode, we dive into the new 'One Big Beautiful Bill' (O Triple B) act signed by President Trump, which makes the tax cuts from the Tax Cuts and Jobs Act permanent. We discuss how this crucial change provides a generational opportunity for proactive tax planning. Key highlights include examining historical tax rates, understanding new deductions and credits, especially for seniors, and the importance of being proactive in your financial planning. Learn how to maximize your tax benefits and protect your investments under the new law.

00:00 Introduction and Personal Updates

00:35 Overview of the One Big Beautiful Bill (O Triple B)

03:49 Tax Brackets and Historical Comparisons

07:27 Long-Term Capital Gains and Planning Opportunities

10:20 New Deductions and Credits

12:11 Senior Deduction and Tax Planning Strategies

17:15 Future Tax Risks and Proactive Planning

24:51 Conclusion and Call to Action

This podcast is for informational and educational purposes only and should not be considered a substitute for individualized financial, legal, or tax advice. Investing involves risks. Guest opinions are their own. Consult a professional before making financial decisions.