Last updated 6/20/23
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.
Every budget can feel the pinch of inflation, and this can make it difficult to maintain or grow savings account balances. Recognizing that most individuals are struggling to grow their retirement savings, the government passed the Secure Act 2.0 at the end of 2022. Hear Money Coaches discuss the Act, the timelines, and which provisions may allow employees to save more for retirement. They will also discuss strategies for managing spending, especially if repayment of federal student loans is in their future.
My Secure Advantage, Inc. or any of its representatives do not endorse any of the websites or company names listed here.
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.
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.
In any new year, most people gather their paperwork and file their taxes, then forget about it until the next tax season. While you get organized, consider whether you have opportunities to lower the taxes you will pay next year. In this Trending Topics segment, Money Coaches discuss a few strategies for how you might do this.