Tax season just got a major overhaul. The One Big Beautiful Bill changed more tax rules than anything since 2017, and if you're over 65, retired, or earning tip or overtime income, you could be leaving serious money on the table. In this episode of Friends Talk Money, we sit down with Lisa Green-Lewis, TurboTax spokesperson and trusted tax expert, to break down every major change you need to know before you file. <ul> <li>The NEW $6,000 deduction for seniors and who qualifies</li> <li>Tips & overtime income deductions - brand new for 2025</li> <li>Auto loan interest deduction - what cars qualify</li> <li>Social Security & taxes - the surprise that shocks retirees</li> <li>RMDs, Roth conversions & how to avoid a massive tax bill</li> <li>IRS audits - should you be worried? Free filing options and how to get help</li> </ul> Whether you use TurboTax, work with an accountant, or file on your own - this episode could save you thousands. Don't miss it. <ul> <li>TurboTax Free Filing: <a href="https://www.turbotax.com" target="_blank" rel= "noopener noreferrer">https://www.turbotax.com</a></li> <li>AARP Free Tax Help: <a href= "https://www.aarpfoundation.org/taxhelp" target="_blank" rel= "noopener noreferrer">https://www.aarpfoundation.org/taxhelp</a></li> </ul>

Tax season just got a major overhaul. The One Big Beautiful Bill changed more tax rules than anything since 2017, and if you're over 65, retired, or earning tip or overtime income, you could be leaving serious money on the table. In this episode of Friends Talk Money, we sit down with Lisa Green-Lewis, TurboTax spokesperson and trusted tax expert, to break down every major change you need to know before you file. The NEW $6,000 deduction for seniors and who qualifies Tips & overtime income deductions - brand new for 2025 Auto loan interest deduction - what cars qualify Social Security & taxes - the surprise that shocks retirees RMDs, Roth conversions & how to avoid a massive tax bill IRS audits - should you be worried? Free filing options and how to get help Whether you use TurboTax, work with an accountant, or file on your own - this episode could save you thousands. Don't miss it. TurboTax Free Filing: https://www.turbotax.com AARP Free Tax Help: https://www.aarpfoundation.org/taxhelp

Tax season just got a major overhaul. The One Big Beautiful Bill changed more tax rules than anything since 2017, and if you're over 65, retired, or earning tip or overtime income, you could be leaving serious money on the table. In this episode of Friends Talk Money, we sit down with Lisa Green-Lewis, TurboTax spokesperson and trusted tax expert, to break down every major change you need to know before you file. <ul> <li>The NEW $6,000 deduction for seniors and who qualifies</li> <li>Tips &amp; overtime income deductions - brand new for 2025</li> <li>Auto loan interest deduction - what cars qualify</li> <li>Social Security &amp; taxes - the surprise that shocks retirees</li> <li>RMDs, Roth conversions &amp; how to avoid a massive tax bill</li> <li>IRS audits - should you be worried? Free filing options and how to get help</li> </ul> Whether you use TurboTax, work with an accountant, or file on your own - this episode could save you thousands. Don't miss it. <ul> <li>TurboTax Free Filing: <a href="https://www.turbotax.com" rel="noopener noreferrer">https://www.turbotax.com</a></li> <li>AARP Free Tax Help: <a href="https://www.aarpfoundation.org/taxhelp" rel="noopener noreferrer">https://www.aarpfoundation.org/taxhelp</a></li> </ul>

New Deductions Could Get You More Money Back

Whatever life after 50 looks like to you, thinking about money in retirement shouldn't keep you up at night. We're all dealing with the big questions about money and aging: How much you can really spend, how to invest your life savings without risking it all in the stock market, and should you sell your home and downsize? Then there's the biggest unknown: how much health care you'll need, and whether your savings and insurance is enough to cover the costs. This is personal. These topics may not be easy to talk about with your own family. That's why nationally known personal finance experts Terry Savage, Richard Eisenberg, and Pam Krueger and are here to open up the dialogue so you can learn how to define your retirement and deal with your money on your own terms. 

These three friends think, write, and speak about these issues. And now they're joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talk Money.  

Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges.

But don't expect cut-and-dried answers. These friends have strong opinions, and aren't afraid to debate the pros and cons of their friends' recommendations. But what you will walk away after each episode is a greater awareness of the retirement planning issues you'll need to address with the help of your family, friends and financial advisor.

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Whatever life after 50 looks like to you, thinking about money in retirement shouldn't keep you up at night. We're all dealing with the big questions about money and aging: How much you can really spend, how to invest your life savings without risking it all in the stock market, and should you sell your home and downsize? Then there's the biggest unknown: how much health care you'll need, and whether your savings and insurance is enough to cover the costs. This is personal. These topics may not be easy to talk about with your own family. That's why nationally known personal finance experts Terry Savage, Richard Eisenberg, and Pam Krueger and are here to open up the dialogue so you can learn how to define your retirement and deal with your money on your own terms. These three friends think, write, and speak about these issues. And now they're joining forces to give you the benefit of their experience, wisdom and advice in their new podcast, Friends Talk Money. Each week Richard, Pam and Terry will discuss a different piece of the retirement pie. Everything from Social Security and Medicare to investing and cash flow management is on the table, with practical, common-sense advice on how to deal with these and other challenges. But don't expect cut-and-dried answers. These friends have strong opinions, and aren't afraid to debate the pros and cons of their friends' recommendations. But what you will walk away after each episode is a greater awareness of the retirement planning issues you'll need to address with the help of your family, friends and financial advisor.

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New Deductions Could Get You More Money Back

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