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Retire With StyleAuthor: Wade Pfau & Alex Murguia
The purpose of Retire With Style is to help you discover the retirement income plan that is right for you. The first step is to discover your retirement income personality. Your hosts Wade Pfau, PhD, CFA, RICP and Alex Murguia, PhD walk you through creating and implementing a retirement plan that will help you reach your goals, and that youll be able to stick with.Start by going to risaprofile.com/style and sign up to take the industrys first financial personality tool for retirement planning. Language: en Genres: Business, Education, How To, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Episode 210: Navigating Tax Changes for 2026
Episode 10
Tuesday, 6 January, 2026
In this episode of Retire with Style, Alex and Wade break down the key tax changes coming in 2026, including the return of standard ACA subsidies, the extension of current tax rates, and updates to standard deductions. They cover inflation-related adjustments, itemized deductions, charitable giving rules, estate tax exemptions, and what the alternative minimum tax means for retirees. The conversation also explores the new Trump accounts launching in July 2026 and wraps up with a lighthearted discussion on New Year’s resolutions. Listen now to learn more! Takeaways The ACA subsidies are reverting to pre-2021 levels in 2026. Tax rates remain unchanged from previous years, providing stability. Standard deductions continue to be higher, affecting itemization rates. Inflation adjustments will impact the thresholds for tax brackets. Charitable contributions now have a deduction floor based on AGI. Estate tax exemptions are increasing significantly for 2026. The alternative minimum tax may affect more high-income earners. 529 plans have expanded eligible expenses for education. Trump accounts will allow contributions for minors starting in July 2026. New Year's resolutions can be a time for reflection and planning. Chapters 00:00 Welcome to 2026: New Beginnings 02:13 Affordable Care Act Changes 07:25 Tax Rates and Standard Deductions 09:16 Inflation Adjustments and Tax Planning 11:34 Itemized Deductions and Charitable Contributions 20:32 Estate Tax Exemptions and Business Income 24:44 Alternative Minimum Tax and 529 Plans 28:19 Trump Accounts and Future Planning 29:42 New Year Reflections and Resolutions Links Explore the New RetireWithStyle.com! We’ve launched a brand-new home for the podcast! Visit RetireWithStyle.com to catch up on all our latest episodes, explore topics by category, and send us your questions or ideas for future episodes. If there’s something you’ve been wondering about retirement, we want to hear it! This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips
