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Curious how the latest tax law updates and retirement plan changes will impact your wallet in 2026? This week on Dollars & Sense, Joel Garris and Christina Lamb cut through the confusion and deliver essential information every American family and high-income earner needs to know—no jargon, just actionable insights and clear examples.
First, Christina revisits the Top 10 Tax Changes for 2026—and then dives deeper into two big updates the team didn’t get to last week: the newly indexed Child Tax Credit (now rising with inflation!) and the fresh cap on itemized deductions for high earners. Listeners learn exactly what’s changing, who is affected, and how to maximize their tax strategy under the new rules. Step-by-step action tips help you avoid costly surprises, keep more of your money, and strategize for the year ahead.
The discussion then shifts to a retirement game-changer: the new Roth 401(k) catch-up contribution requirement for high-income earners aged 50+. If you’re used to socking away extra retirement dollars pre-tax, you’ll want to hear how the new rules could raise your tax bill—and why, for many, it’s still smart to keep contributing. The segment unpacks who must comply, plan differences, and the pros and cons of Roth vs. traditional contributions. Plus, Joel and Christina walk you through critical “what to do now” steps so you don’t get caught off guard, from checking your plan options to coordinating with your tax advisor.
Finally, the episode wraps up with practical guidance for all listeners: review your eligibility for credits and deductions, start planning early, and remember that smart tax and retirement strategies can make a huge difference by year’s end. Joel and Christina’s friendly, down-to-earth approach makes even complex topics feel manageable—and maybe even a little fun.
Ready to get ahead of the 2026 tax and retirement changes? Don’t miss out—tune in now to Dollars & Sense and take control of your financial future!
💵 About Dollars & Sense: 💵 Hosted by Joel Garris, a Certified Financial Planner and Fiduciary at Nelson Financial Planning, Dollars & Sense is one of Central Florida’s longest-running radio programs and a top 25 financial planning podcast. Each week, Joel and his team provide expert insights to help you make sense of all your financial decisions.
👉 Visit our website: nelsonfinancialplanning.com for more resources and to connect with our team of Certified Financial Fiduciaries.
About Joel Garris: Joel Garris is a Certified Financial Planner and Fiduciary at Nelson Financial Planning. He’s dedicated to providing comprehensive financial advice to help you achieve your retirement goals. With a team of expert advisors, Nelson Financial Planning is committed to delivering personalized and effective retirement and financial planning solutions.
