15 Aug 2025
55m

Episode 85, Ed Slott, CPA, new tax laws from OBBBA, Roth conversions, and more; host Jon Luskin

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Bogleheads On Investing Podcast

The podcast explores tax law changes under the "One Big Beautiful Bill Act," focusing on opportunities and challenges for investors. Ed Slott, a CPA and IRA distribution expert, answers questions from the Bogleheads community, emphasizing the importance of Roth conversions and paying taxes at the lowest rates. Slott highlights misconceptions about the new tax law, such as the $6,000 senior deduction and the "no tax on tips" provision, clarifying that these are deductions that reduce taxable income but not adjusted gross income. He also discusses the Qualified Business Income (QBI) deduction, Trump accounts, charitable contributions, and the benefits of holding both Roth and traditional IRA dollars in retirement.

Outlines

Part 1: Tax Law Overview and Misconceptions

Part 2: Strategic Roth Planning and Business Deductions

Part 3: New Accounts and Charitable Giving

Part 4: Advanced Wealth and Estate Strategies

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