Tax law changes are here, some good, some complicated. 

But one thing’s for sure: now is the time to adjust your plan.

In this episode, Josh Leonard breaks down the One Big Beautiful Bill Act and what it means for those nearing or entering retirement. From enhanced deductions to planning around RMDs and Social Security, he outlines six crucial areas that deserve your attention now.

Josh covers:

• How slightly wider tax brackets may still trigger more taxable income due to Social Security inclusion
• A new $1,000 charitable deduction for non-itemizers starting in 2026, and how to strategize around it
• The $6,000 senior deduction and how to layer it with other tactics like Roth conversions
• SALT cap increases and strategies for households earning $500–600K to reduce taxable income
• The time-sensitive nature of these changes and how intentional planning can help offset future burdens
• And more!

Resources:

• How Recent Retirement Laws May Affect Your Future (Ep. 95)
• Schedule a meeting with the team

Connect with Josh Leonard: 

• jleonard@leonardadvisorygroup.com
• LinkedIn: Josh Leonard
• Leonard Advisory Group
• 412-998-PLAN
• YouTube: Leonard Advisory Group
• Facebook: Leonard Advisory Group