A new year brings new rules, and some of the changes in 2026 could quietly impact your cash flow, taxes, and retirement strategy. In this episode, Steve walks through the most important updates affecting retirees and pre-retirees. While each change may seem small on its own, together they can meaningfully shift how your plan works, so tune in!
Here’s some of what we discuss in this episode:
🗓️ 2026 Overview: The financial changes setting the tone for the year
📈 COLA Update: What the Social Security adjustment really delivers
🏥 Medicare Premiums: Why higher costs still catch people off guard
🧾 Senior Tax Breaks: New deductions that may ease the burden
🚀 Catch-Up Contributions: Bigger saving opportunities near retirement
0:00 – Intro & Holiday Update
1:45 – Cost of Living Adjustments (COLA)
3:08 – Medicare Premium Changes
5:13 – Additional Tax Deductions for Seniors
7:33 – Catch-Up Contributions
9:50 – Market Outlook
Watch Retirement Health Care Costs Just Jumped Again (2025 Update):
https://www.youtube.com/watch?v=tVeKgewGLcU
Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.html
Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg
Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12
Other ways to get in touch:
Phone: (775) 266-8867
Our website: https://powerhousefinancialadvisors.com/
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