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Podcast: Talking Real Money - Investing Talk
Episode: Big and Beautiful?
Description: Don and Tom dive into the new “big, beautiful” tax bill with humor and skepticism, covering changes to Social Security taxation, tips and overtime exemptions, expanded SALT deductions, and the controversial $1,000 baby bonus. They also tackle listener questions on Roth vs. IRA asset protection, portfolio rebalancing confusion, and lazy robo-advisory allocations. Bonus: helium speculation, trade school love, and a jab at politicians who pander.
0:04 Intro: “Dearly beloved…” it’s tax time
1:10 Overview of the “Big Beautiful Bill” and $4T impact
1:25 Tips and OT tax exemptions starting in 2025
2:09 Social Security tax break: $6K per person if...