Episode 196: The Positive Side of Inflation

What could possibly be the benefits of inflation? Since the increased living costs have been hard to handle lately, David helps us look at the bright side of inflation on today’s show. From the higher dollar amount you can contribute to your IRA to changes in the tax brackets, David shares the numbers you’ll want to know.

 

Here’s what to add to your financial to-do list:

• There is a big Social Security benefit cost of living increase. (1:35)
• You can increase your contributions into your retirement accounts. (4:13)
• Federal tax brackets are changing. (6:24)
• With higher interest rates, do we have better places for safe money? (13:29)

For additional resources or to contact David, visit us online: http://coveryourassetskc.com