Smart Wealth Blog

  Saving for retirement is one of the smartest financial moves you can make. For many people, a 401(k) is the main tool they use to build long-term savings. But tax rules don’t stay the same forever. As we move closer to 2026 , some important tax changes under OBBBA could impact how your 401(k) works. If you’re not prepared, these changes could affect how much you save, how much you pay in taxes, and how much you take home in retirement. Let’s break it down in simple words so it’s easy to understand. What Does “OBBBA-Ready” Mean? OBBBA refers to upcoming tax and retirement-related policy changes expected to take effect around 2026. These changes may adjust contribution rules, tax benefits, and withdrawal strategies for retirement accounts like 401(k)s. Being OBBBA-ready simply means: You understand what’s changing You know how it could affect your retirement savings You take steps now to avoid surprises later 1. Possible Changes to Tax Rates on Withdrawals One...