What are the four new financial changes families and retirees should know about?

Several new programs and policy updates have quietly launched that could impact children, seniors, private school families, and retirees - but most people haven't heard the details yet.

Some involve compounding investment accounts for kids. Others affect IRA withdrawals after age 65. And a few provide direct education funding opportunities in Texas that families can apply for today.

In this episode of Retire in Texas, Darryl Lyons breaks down four recent financial changes, including the new Trump Accounts for children, the $6,000 senior deduction for retirees, the $1,700 education tax credit, and the Texas Education Freedom Account program.

He explains how compounding interest can potentially transform consistent contributions into meaningful long-term savings, why retirees must carefully manage IRA withdrawals to avoid losing deductions, and how families can apply for education-related credits and funding before application windows close.

You'll learn:

• How the new Trump Accounts work and what happens when a child turns 18.

• Why the senior deduction can be lost if IRA withdrawals aren't managed properly.

• How the $1,700 education tax credit functions and who can use it.

• What the Texas Education Freedom Account provides - including funding levels for private school, homeschool, and students with disabilities.

This episode isn't about politics - it's about understanding the rules and knowing how to apply them strategically within your own financial plan.

If you'd like to see how these changes affect your personal situation, visit PAXFinancialGroup.com and schedule a conversation with an advisor.

Benefiting from the show? We'd appreciate it if you left a review on your favorite podcast platform. Your feedback helps more families think long term and make better money decisions.

Resources:

https://trumpaccounts.gov/

https://www.irs.gov/publications/p554

https://educationfreedom.texas.gov

https://www.edchoice.org/2025-congress-enacts-first-ever-federal-tax-credit-for-education-scholarships/

What is elder fraud and why is it increasing right now?

Elder fraud is financial exploitation that targets seniors, often through impersonation, emotional manipulation, or false emergencies.

There's an $80 trillion wealth transfer underway - and scammers know it.

In this episode of Retire in Texas, Darryl Lyons exposes how criminals are increasingly targeting seniors and families using sophisticated elder fraud schemes, including fake "grandchild in trouble" calls and AI-generated voice cloning.

Drawing from a Department of Justice investigation, Darryl breaks down how international call centers impersonate loved ones, manipulate emotions, and move stolen cash through unsuspecting rideshare drivers. He also explains how scammers now need as little as three seconds of audio from social media to replicate a family member's voice using AI.

You'll learn:

• How grandparent scams work from start to finish.

• Why seniors are being targeted during the historic wealth transfer.

• How AI voice cloning makes scams harder to detect.

• Real warning signs to listen for during urgent phone calls.

• Practical steps families can take to protect aging parents and grandparents.

This episode isn't just about financial loss - it's about the emotional damage these scams cause to families, parents, and seniors.

If you or someone you love may have been exposed to fraud, contact the FBI at 1-800-CALL-FBI (1-800-225-5324).

Benefiting from the show? We'd appreciate it if you left a review on your favorite podcast platform. Your feedback helps more people find the show and continue the conversation.

Resource:

www.justice.gov/usao-ma/pr/thirteen-individuals-charged-operating-transnational-elder-fraud-scheme

Is faith-based investing an all-or-nothing decision, or is there room for balance?

In this episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, continues the two-part conversation on faith-based (biblical responsible) investing by exploring the remaining perspectives investors often hold.

Building on Part 1, Darryl focuses on investors who are fully committed to biblical responsible investing - as well as those who take a more blended approach. Through real-world examples and conversations, he unpacks how deeply held convictions, market realities, and fiduciary responsibility intersect in portfolio construction.

Episode highlights include:

• The mindset of investors who are "all in" on biblical responsible investing, and why conviction matters.

• Potential explanations as to why faith-based investing has underperformed the S&P 500 in recent years - and what caused the divergence.

• How excluding the "Magnificent Seven" impacted performance across many strategies, not just faith-based portfolios.

• The role of asset managers, shareholder advocacy, and proxy voting in responding to corporate behavior.

• Why fiduciary duty requires flexibility - especially when certain asset classes aren't yet available in faith-based strategies.

• How advisors help clients balance convictions with diversification, opportunity, and long-term planning.

• What it means to be "in the world, but not of the world" when it comes to investing.

This episode completes the four-perspective framework introduced in Part 1 and offers a practical, thoughtful approach for investors navigating faith, finances, and long-term responsibility.

To learn more or start a conversation, visit PAXFinancialGroup.com and click "Connect With Us."

Enjoying the show? If Retire in Texas has been helpful to you, we'd appreciate it if you left a review on your favorite podcast platform. Your feedback helps more people find the show and continue the conversation.

Resource: https://www.inspireetf.com/news/does-it-matter-if-i-underperform-the-s-p-500

Disclosure: This material is provided by PAX Financial Group, LLC. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The information herein has been derived from sources believed to be accurate. Please note: Biblically Responsible Investing ("BRI") involves, among other things, screening for companies that fit within the goal of investing in companies aligned with biblical values. Such screens may serve to reduce the pool of high performing companies considered for investment. Investing involves risk. BRI investing does not guarantee a favorable investment outcome. PAX Financial Group has conducted due diligence for their Biblically Responsible Investing (BRI) process and proudly serves as each client's advocate using fully vetted third-party specialists for the administration of BRI methodology. Past performance is no guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. This information should not be construed as investment, tax, or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product and should not be relied upon as such.