And the seniors who were more diligent and successful about saving during their working years are likely to have a ZERO tax deduction once the phaseout on income is implemented.
Good point. And in my case, I may fully retire as early as age 57, when my already retired wife will be 62, well before the age 65 that these BBB senior provisions take place for us. So in the end, people like us will benefit only from the BBB making the Trump tax cuts permanent, if I understand it correctly. I guess I shouldn't complain about that.