In this video, I walk through the key tax provisions of the OBBBA, and then cover how they may affect retirement planning.
NOTE: ProjectionLab has updated its software to account for the OBBBA tax changes
*Resources*
Andy Panko's article:
U.S. Bank Tax Bracket article:
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0:00 - Intro
1:59 - Enhanced ACA Credits
3:59 - Standard Deductions
11:10 - Exclusions
12:55 - Trump Accounts
14:10 - How should we respond to the tax changes?
15:01 - Tax Brackets
19:35 - Roth Conversions
22:10 - Retirement Planning Software
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. I've since sold my websites, bought them back, and started a new website and this YouTube channel.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.
Read More
By: Rob Berger
Title: The New Tax Law Changes and How They May Affect Retirement
Sourced From: www.youtube.com/watch?v=1QuWvJaLo7w
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