Earlier this year, President Trump signed into law the One Big Beautiful Bill Act (OBBBA, also called the Big Beautiful Bill or BBB). This sweeping legislation includes major changes to the tax code, deductions, credits, and other financial provisions.
Because many of its tax provisions affect individuals, families, and investors, it’s important to understand how OBBBA might impact your planning. In the table below we have highlighted some important changes that you should be aware of:
Tax laws and retirement planning rules change quickly. In just the last five years, we’ve seen major shifts through the SECURE Act 1.0, SECURE Act 2.0, the Inflation Reduction Act, and most recently the One Big Beautiful Bill Act. Each of these impacts how individuals should approach retirement, tax strategy, and wealth transfer.
As comprehensive, fee-only financial planners, we monitor these changes closely so our clients don’t have to. Our goal is to help you adapt, stay ahead of the curve, and give your retirement plan the best possible chance of success.
If you’re searching for fee-only financial advisors in Cary, NC or fee-only financial advisors in Chattanooga, TN who stay on top of these important updates, we’d love to connect and learn more about your goals.
As we head into the final weeks of the year, it’s a great time to pause, look over your financial picture, and make sure you’re not leaving opportunities, or IRS penalties, on the table. Here are a few simple but important year-end planning items to review.
Choosing to retire is one of the most important decisions someone can make in their lifetime. Read this article to learn about all the things you should consider prior to making this life-changing decision.
Stock pickers underperform the market long-term. Learn why diversification and disciplined investing still win.
