Jul 9, 2026
The One Big Beautiful Bill Act changed our tax brackets. Learn how to navigate the new rules and protect your retirement from hidden tax traps.
Get your Modern Confidence Score: https://bit.ly/4wst8Cx
Meet with us: https://bit.ly/3RnQSsM
Education center: https://bit.ly/3SR4FZg
Video Chapters:
• 0:00 - What is the difference between tax planning and tax
preparation?
• 3:45 – How will my taxes change once I stop working and
retire?
• 04:52 - What is the One Big Beautiful Bill Act?
• 10:26 - How do I claim the new $6,000 Senior Deduction after age
65? Income rules for single and married households.
• 12:40 - How do I qualify for a 0% tax rate on $144,000 of stock
dividend income? Combining deductions to eliminate capital gains
tax drag.
• 14:36 - Reaction Video: who benefited from the OBBBA? By
• 19:35 – Don’t Do That Segment: How a blind $80,000 IRA withdrawal
triggers a tax trap.
• 23:27 - How do I prevent my qualified dividends from jumping from
0% up to 15%? Protecting boundaries from bracket creep.
• 31:59 - Is financing a new truck at 7% cheaper than withdrawing
cash from my traditional IRA? Minimizing Medicare premiums via auto
financing lines.
• 33:47 - How do I fill up my 12% tax bracket with Roth conversions
before my RMD age cliff at 73? Defending your estate from future
tax bombs.
Check out our other videos:
https://youtu.be/KnyVDMmRj1g?si=H6uBeVdEdEwKH56n
https://youtu.be/kkO1bPbz6TA?si=vi9gxvb0XhzxpgFC
https://youtu.be/wcnhA3SQH3M?si=xAVw4xXZztX3XnN0
https://youtu.be/ZG3-XmhvWEs?si=eyypCj_XOL_oBsmP
Sources:
https://www.modwm.com/maximizing-social-security-benefits/
https://www.modwm.com/retirement-tax-planning-after-the-one-big-beautiful-bill-act/
Committee for a Responsible Federal Budget. (n.d.). How Much Would OBBBA Pay For Itself?
https://www.crfb.org/blogs/how-much-would-obbba-pay-itself
H&R Block. (n.d.). One Big Beautiful Bill tax changes: How
and when they impact you.
https://www.hrblock.com/tax-center/irs/tax-law-and-policy/one-big-beautiful-bill-taxes/
Internal Revenue Service (IRS). (n.d.). One, Big, Beautiful Bill
provisions.
https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions
Penn Wharton Budget Model. (2025, June 29). Senate-Passed
Reconciliation Bill (OBBBA) Budget, Economic, and Distributional
Effects.
https://budgetmodel.wharton.upenn.edu/p/2025-07-01-senate-reconciliation-bill-budget-economic-and-distributional-effects-june-29-2025/
Tax Policy Center. (n.d.). One Big Beautiful Bill: What We Know So Far. https://taxpolicycenter.org/taxvox/one-big-beautiful-bill-what-we-know-so-far
https://fiscaldata.treasury.gov/
______
Investment advisory services offered through Modern Wealth
Management, LLC, a registered investment adviser.
The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.