Last updated 9/16/22
MSA Money Coaches provide thousands of financial consultations each month to members from all different walks of life. Our Trending Topics segment is compiled from current financial news and an analysis of the needs and goals represented by our members each month.
On August 16th, President Biden signed the Inflation Reduction Act, which includes incentives for consumers to purchase energy-efficient products. In this Trending Topics segment, Money Coaches will discuss how these incentives might positively impact budgets and a few caveats you should know. They will also review the most recently released inflation numbers and where prices are trending up or down.
Information provided in this post is for informational purposes only and is not intended to offer specific personalized investment, financial planning, tax, legal, or accounting advice. We recommend that you consult an attorney, tax advisor, or accountant regarding your unique circumstances.
In this Trending Topics segment, Money Coaches talk about the Federal Reserve’s recent actions to try and bring the rate of inflation down and how this is impacting different goods and services in our economy. They also review a few best practices to keep in mind if markets remain volatile.
As we approach the end of the year, there are several financial best practices MSA Money Coaches like to bring to members’ attention. Examples include newly announced 2024 IRS contribution limits for employer-sponsored retirement plans and ideas for reducing spending as the holidays get closer.