Big Beautiful Bill Tax Changes Could Impact Retirement Planning

By: Kelly Burch

Outlets: Business NH Magazine

Published: January 19, 2026

Words: 1,084

Last Updated: 1 week, 1 day ago

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New tax codes passed as part of the Big Beautiful Bill could result in new retirement planning opportunities.

“There are a lot of implications to moderate income retirees,” says Julie Fortin, partner at Northstar Financial Planning in Windham.

The legislation includes more deductions, including a new deduction for seniors and an expanded deduction for state and local taxes. Those, in turn, lower a person’s adjusted gross income, potentially putting them into a lower tax …

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