New Tax Breaks for Parents: What the One Big Beautiful Act Means for Your Family

New Tax Breaks for Parents: What the One Big Beautiful Act Means for Your Family

Are rising prices stressing your family budget? You're not alone, and there's some good news on the tax front. In this solo episode, host Deb Meyer breaks down the most family-friendly tax updates from the One Big Beautiful Bill Act (HR1) and how they could impact your wallet starting in 2025.

This episode is a must-listen for parents looking to maximize tax savings, understand new credits, and unlock new opportunities for education savings, childcare, and even family car purchases.

Deb spotlights five major tax updates that could create real opportunities for families:

  • (8:55) A bigger child tax credit for families with kids under 18

  • (10:57) Higher pre-tax limits for childcare costs through dependent care FSAs

  • (11:49) New 529 plan rules that give families more flexibility for K–12 and special needs expenses

  • (13:52) A brand-new tax-free savings account for children, including a government-funded jumpstart

  • (15:09) More refundable adoption credits for families expanding through adoption

Plus, she shares key distinctions between credits and deductions (and why that matters), and what income thresholds to watch to make sure your family qualifies.

Love the show?

Please subscribe, share, or leave a review. It helps other parents find Beyond Budgets® and equips more families to plan wisely for their financial future.

Connect with Host Deb Meyer, CFP®

Founder of WorthyNest®, helping faith-driven parents build financial plans that reflect their values.

Schedule an initial meeting | Follow us on YouTube | Get your FREE family finance guide

Resources

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(64)

What Happens When Your "Perfect Plan" Falls Apart?

What Happens When Your "Perfect Plan" Falls Apart?

In this deeply personal and vulnerable episode, Deb shares a major announcement: Beyond Budgets® is going on pause. After two and a half years of hosting this podcast, she steps back to focus on an un...

29 Huhti 25min

How to Teach Kids About Money (Without Power Struggles) with David Delisle

How to Teach Kids About Money (Without Power Struggles) with David Delisle

What if raising financially responsible kids isn't about teaching them to save more but rather helping them understand what actually matters? In this episode, Catholic financial planner and host Deb M...

16 Huhti 29min

How Much Inheritance is Too Much?

How Much Inheritance is Too Much?

What's the right way to pass wealth to the next generation? How much inheritance is too much? We explore the deeper questions behind inheritance planning in this Beyond Budgets® episode … questio...

2 Huhti 31min

Breaking the Cycle of Poverty with Deborah Johns of Unbound

Breaking the Cycle of Poverty with Deborah Johns of Unbound

In this special Podcasthon 2026 episode, host and Catholic financial planner Deb Meyer sits down with Deborah Johns, Chief Growth Officer of Unbound, to explore a radically different approach to pov...

19 Maalis 32min

Grief, Faith, and Money: Healthy Healing for Parents

Grief, Faith, and Money: Healthy Healing for Parents

Grief can reshape your parenting, relationships, and decision-making. In Episode 59 of the Beyond Budgets® podcast, host and Catholic financial planner Deb Meyer talks with hospice nurse and Catholic ...

26 Helmi 35min

Tame the Tax Chaos: Get Organized & Confident for Tax Season

Tame the Tax Chaos: Get Organized & Confident for Tax Season

Tax season doesn't have to be overwhelming, especially when you're armed with expert tips and a solid system. In episode 58 of the Beyond Budgets® Podcast, host Deb Meyer breaks down what parents nee...

12 Helmi 27min

Reinvention, Personal Branding & AI with Mike Kim

Reinvention, Personal Branding & AI with Mike Kim

Bestselling author and branding strategist Mike Kim joins Deb Meyer to share how personal branding isn't just for entrepreneurs. Mike offers real-life tools to help you show up with more clarity & c...

29 Tammi 37min

College Admissions Secrets: What Parents Need to Know Before Junior Year

College Admissions Secrets: What Parents Need to Know Before Junior Year

In this candid episode of Beyond Budgets®, host Deb Meyer shares her perspective as both a financial planner and a mom of a high school junior navigating the complex world of college prep. You'll h...

15 Tammi 26min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
rss-rahapodi
psykopodiaa-podcast
mimmit-sijoittaa
rss-oivalluksia-rahasta-elamasta
rss-rahamania
hyva-paha-johtaminen
asuntoasiaa-paivakirjat
herrasmieshakkerit
ostan-asuntoja-podcast
rahapuhetta
tiedon-jaljilla
rss-lahtijat
rss-paasipodi
pomojen-suusta
rss-startup-ministerio
rss-tarinoita-sote-kentalta
rss-inderes-femme
rss-viisas-raha-podi
rss-hr-plus-podcast