💼 Want expert help in planning for your financial future?

Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg

Have you heard the rumor that Social Security is now tax-free or that you’re getting a $40,000 deduction just for existing? Let’s clear up the myths and focus on what the new tax law actually did and what it didn’t. In this episode, Scott breaks down six of the biggest misconceptions swirling around the recently passed “Big Beautiful Bill.” Aimed especially at tax-aware retirees and pre-retirees, this conversation tackles what’s true, what’s exaggerated, and what it really means for your retirement strategy.

Here’s what we cover in this episode:

🧠 Your biggest financial risk may be what you don’t know

📊 Tax bracket changes aren’t permanent, and flexibility matters

🚗 Car loan deduction? Not as generous as it sounds

🙏 Charitable giving caps

🪙 The SALT deduction cap increase helps few and phases out for most

Watch What The “One Big Beautiful Bill” Means for Your Retirement Plan:

https://www.youtube.com/watch?v=hHz-EThv0zE

Read the One Big Beautiful Bill Act Summary: https://www.congress.gov/bill/119th-congress/house-bill/1

📞 Call us: 913-393-4724

🌐 Visit our podcast website:  https://listentoscott.com/

📚🛠️ Check out Scott’s book, Exceptional Retirement, and Retirement Toolkit

Download here 👉 https://keap.page/bu413/exceptional-retirement-youtube.html

🎥 Subscribe to our YouTube channel for more retirement insights!

🔔 http://youtube.com/@erg-kc?sub_confirmation=1

📰 Read our latest articles on Kiplinger:

https://www.kiplinger.com/author/scott-m-dougan-rfc-investment-adviser

📌 Follow us for expert retirement planning tips!

https://www.facebook.com/elevatedretirementgroupkc/

#retirement #retirementplanning

📞 Get your customized planning started by booking a 15-minute consultation:

https://calendly.com/erg-slc/15minutediscoverycall

📘 Grab Your FREE Copy of “Rounding Third”

http://rounding-third.elevatemyretirement.com/

In the book The Five People You Meet in Heaven, each person the main character meets helps him understand his life in a new way. Today, let’s talk about the five people you should meet before retirement—people who can guide your next chapter and help you retire with clarity, confidence, and purpose.

In this episode, Sean breaks down a unique “retirement dream team” approach that blends practical wisdom with real-world stories.

Here’s what we discuss in this episode:

🧩 Why a financial advisor is your retirement “puzzle master”

📜 The estate planning move that prevents family fallout

🛡️ How insurance specialists protect your retirement lifestyle

🏋️‍♂️ Why fitness isn’t just about health, it’s about freedom

⚠️ The biggest mistakes people make when setting up a trust

Contact us:

(801) 639-0095

slee@erg-slc.com

Watch the show on YouTube: https://www.youtube.com/channel/UCSvc4i_5kYjIQXyr0fNTeXQ