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Kiplinger
Kiplinger
Business
Grant Dorhout

Potential Trouble for Retirees: A Wealth Adviser's Guide to the OBBB's Impact on Retirement

An older couple look at a tablet together while sitting on their sofa.

The One Big Beautiful Bill (OBBB), signed into law in July, made headlines with promises of tax relief and economic growth. But for retirees, the reality is more complicated and, in many cases, more costly.

While the law extends some favorable tax brackets and introduces deductions for older Americans, several provisions do little to support people already in retirement.

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