65+ Tax Break Tilted Toward the Wealthy — Start Your Prep Now

From 2025–2028, Americans 65+ can claim an extra $6,000 standard deduction (up to $12,000 for couples), but two‑thirds of the savings are expected to flow to upper‑income seniors (~$80k–$270k). The deduction phases out above $75k MAGI ($150k for couples), and the policy would cut Social Security revenue by about $30 billion annually, potentially straining solvency. The piece urges proactive retirement planning to offset the impact, including Roth conversions or strategic withdrawals, and cites advisor networks and gold‑IRA options as ways to navigate the change.