As a busy parent trying to manage your family and career, do you even have time to understand what he new One Big Beautiful Bill will mean to you? Today, I am going to explore the winds and losses through the “One Big Beautiful Bill” during this pivotal life stage of career and family growth. Drawing from my own experience as a parent of triplets (plus one!), I dive into the financial and emotional challenges parents face when juggling careers, raising children, and planning for the future. I break down what recent legislation means for families in this life stage, including significant updates to tax brackets, standard deductions, the SALT deduction, child tax credits, dependent care benefits, and the new “Trump account” investment option for kids. I also share proactive strategies for maximizing FSAs and HSAs, making the most of state-specific and charitable deductions, and finding harmony in your savings plan—no matter what life throws your way. If you’re feeling pulled in a hundred directions by kids, careers, and finances, or want to stay ahead of the latest tax changes, this episode is packed with real stories, valuable strategies, and honest encouragement to help you build a solid roadmap for your family’s future. Connect with Paul Contact Paul <a href= "https://www.tammacapital.com/contact" target="_blank" rel= "noopener">here</a> or schedule a time to meet with Paul <a title="free alignment meeting" href= "https://calendly.com/tamma/alignmentmeeting" target="_blank" rel= "noopener">here</a>. For resources discussed in this episode, visit <a href="https://tammacapital.com/podcast/" target= "_blank" rel="noopener">tammacapital.com/podcast</a>. Follow Paul on <a href= "https://www.linkedin.com/in/paulfennercfp/">LinkedIn</a> and <a href="https://www.youtube.com/@tammacapital">YouTube</a>. And feel free to email Paul at <a href= "mailto:pfenner@tammacapital.com">pfenner@tammacapital.com</a> with any feedback, questions, or ideas for future guests and topics.

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– Wins and Losses for New & Growing Families and Parents from the One Big Beautiful Bill

Emotional Balance Sheet with Paul Fenner

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