What The “One Big Beautiful Bill” Means For Your Retirement Plan

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The headlines are loud, but the real opportunities are quieter. In this episode, Scott breaks down what the newly passed “Big Beautiful Bill” (BBB) actually means for retirees, pre-retirees, and business owners.

We’ll tell you how this sweeping tax legislation opens new planning windows through 2028, with major implications for Roth conversions, tax bracket optimization, charitable giving, and small business depreciation. We’ll also provide clarification on key changes to the standard deduction, which includes a new $12,000 “senior bonus” and why these updates matter more for middle-income retirees than high earners.

Here’s what we cover in this episode:
📉 Tax brackets stay low—Roth conversion window extended
🧾 Standard deduction + $12K senior bonus (with phaseouts)
🏡 SALT deduction cap raised to $40K (with income limits)
🤝 100% bonus depreciation for business owners & landlords
💸 New above-the-line deductions for charity & car loans

0:00 – Intro
1:44 – Tax brackets
4:48 – Standard deductions
7:40 – SALT Cap
10:38 – Senior bonus deduction
14:21 – Roth opportunities
19:49 – Bonus depreciation
20:53 – Other provisions worth noting
24:01 – Final thoughts & two scenarios


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This video has been prepared for educational and marketing purposes only. The information in this video is general in nature, does not constitute personalized investment advice, and does not provide a complete analysis of the subjects discussed. All investments involve risk, and different types of investments involve varying degrees of risk. There can be no assurance that any specific investment strategy will be profitable or suitable to you.

Additionally, although information presented in this video is believed to be factual and up-to-date, we do not guarantee its accuracy. You should consult an attorney or tax professional regarding your specific legal or tax situation and should consult a professional adviser before implementing any of the strategies mentioned in this video.

Investment Advisory Services are offered through Elevated Capital Advisors, LLC, an SEC Registered Investment Adviser affiliated with Elevated Retirement Group, LLC. Registration as an investment adviser does not constitute an endorsement of Elevated Capital Advisors, LLC by securities regulators, nor does it indicate that the firm has attained a particular level of skill or ability.

Insurance advice and products may be offered by a third-party insurance producer, which may be affiliated with Elevated Retirement Group, LLC and Elevated Capital Advisors, LLC.

The host and Third Wheel Media, LLC receive compensation for their assistance in preparing and hosting this video.