Mail Bag: Avoiding beneficiary IRA taxes, OBBB, tax deductions, and 529 planning

Mail Bag: Avoiding beneficiary IRA taxes, OBBB, tax deductions, and 529 planning 

Jeff Perry and Russ Ball tackle questions from listeners and clients.

To start this episode, Jeff and Russ discuss options for beneficiaries of IRAs who wish to avoid income taxes.

Next up is a series of questions resulting from the passage of President Trump’s “One Big Beautiful Bill’ to include how the new senior tax deduction works and the details on the changes to taxes on tips and overtime.

The episode ends with a question from a parent who is worried about market risk in their son’s 529 account.

#financialplanning #investing #stockmarket #OBBA #BBA #incometaxes #IRAs #529s #beneficiary #seniortaxdeduction #taxesonovertime #taxesontips

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