How the “One Big Beautiful Bill Act” May Affect Your Retirement Income Planning

Impact of this Law on Your Retirement The "One Big Beautiful Bill Act" (OBBBA) was signed into law on July 4, 2025. Many provisions take effect immediately, while others will take effect in 2026. Expanded state and local tax (SALT) limits, bonus depreciation renewals, $6,000 tax deduction for seniors 65 and older¹, and the overtime/tip deduction apply to the 2025 tax year, affecting filings in 2026. Other changes, such as the elimination of the religious exemption and the elevated estate/gift tax thresholds, take effect for the 2026 [...]

By |July 21, 2025|Categories: News, Smart Investing|Tags: , , |

Diversification of Income Streams is Key to Achieving an Income Maximized Retirement Plan

Tailored strategies create income streams from multiple, diversified sources One critical outcome in your retirement income plan is to become income maximized. This may seem obvious, but not so easily achieved. We can’t snap our fingers and immediately turn a portfolio that’s been accumulation-focused for years into an income maximized portfolio designed to provide a lifelong retirement income stream. Becoming income maximized helps you do more than “only making your money last up to your finish line.” It helps you get past your finish line and allows the [...]

By |November 1, 2024|Categories: Articles, Smart Investing|Tags: , |
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