Most Seniors Never Heard About This New IRS Rule — Millions will be Impacted скачать в хорошем качестве

Most Seniors Never Heard About This New IRS Rule — Millions will be Impacted

Most seniors have no idea a brand-new IRS rule could put thousands back in their pocket — while another rule could trigger a painful 25% penalty. In this video, we break down the biggest retirement tax changes for 2025 and 2026, including updates from the One Big Beautiful Bill Act, SECURE Act, and SECURE 2.0 Act — and what they mean for seniors, retirees, and anyone approaching retirement. Here’s what you’ll learn: ✔️ The new $6,000 Senior Bonus Deduction for taxpayers 65+ ✔️ Income phase-out limits you MUST know ✔️ How this deduction may reduce taxes on your Social Security ✔️ The inherited IRA 10-year rule (and why millions are at risk) ✔️ The 25% IRS penalty for missed required withdrawals ✔️ Super Catch-Up Contributions for ages 60–63 ✔️ 2026 401(k) contribution strategy updates ✔️ Required Minimum Distribution (RMD) deadlines at age 73+ If you’re 65 or older — or have parents who are — this information could potentially save thousands in taxes. And if you inherited an IRA after January 1, 2020, you need to understand the new enforcement rules before the IRS sends a penalty notice. The IRS is not sending postcards about these changes. Many retirees are filing without realizing they qualify for new deductions — or that they’re required to take annual distributions from inherited retirement accounts. ⚠️ Missing an inherited IRA distribution could result in a penalty equal to 25% of the amount you should have withdrawn. 💰 Meanwhile, the new Senior Bonus Deduction may lower your taxable income — and could even reduce how much of your Social Security benefit is taxed. If you’re between ages 60 and 63 and still working, there’s also a once-in-a-lifetime opportunity to boost your retirement savings with higher Super Catch-Up Contributions under SECURE 2.0. These tax changes affect: • Retirees • Seniors 65+ • Inherited IRA beneficiaries • 401(k) holders • Pre-retirees ages 60–63 • Anyone subject to RMD rules Don’t leave money on the table — and don’t get blindsided by penalties. 👉 Subscribe for weekly retirement and IRS updates 👉 Share this video with a parent, spouse, or friend 👉 Talk to a licensed CPA or tax professional about your specific situation The earlier you understand these rule changes, the more options you have to protect your retirement savings.