Tag Archives: Edward Jones

Free Financial Educational Seminars for Seniors

imgresFree Financial Educational Seminars for Seniors

A series of free Financial Educational Seminars for seniors will be offered by Mr. Bill Caughey of Edward Jones and will take place once a month at Grasonville Senior Center.

The topic Rules of the Road will be presented Tuesday September 30, 10:45AM.  This presentation will address the fundamental concepts of investing and potential strategies to help build wealth.

Other topics of future presentations include: Focus on Fixed Income Oct. 21, Take Stock in the Market Nov. 18, Time Matters, a Woman’s Retirement Outlook Dec. 9, Building Your Investment Income Foundation Jan. 13, and Preparing Your Estate Plan Feb. 10.

Participants are invited to stay for lunch following the presentation. Advance reservation is required for a lunch. Suggested donation for the meal is $2. Grasonville Senior Center is located at 4802 Main Street, Grasonville. For more information and to register please call Ann Martin (410) 827-6010.

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William J. Caughey, IV of Edward Jones Receives Accredited Asset Management Specialist® Designation

getImageWilliam J. Caughey, IV of Edward Jones Receives Accredited Asset Management Specialist® Designation

William J. Caughey, IV of the financial services firm Edward Jones in Chester has achieved the professional designation of Accredited Asset Management Specialist®.

Caughey successfully completed the Accredited Asset Management Specialist, or AAMS®, Professional Education Program from the Denver-based College for Financial Planning. Those who complete the program, pass a final exam and sign a code of ethics and disclosure form earn the AAMS® designation.

This advanced training offers investment professionals the hands-on information needed to provide comprehensive financial services. Study topics include understanding the asset management process to understanding asset allocation and strategies.

Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. Every aspect of the firm’s business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm’s 12,000-plus financial advisors work directly with nearly 7 million clients to understand their personal goals — from college savings to retirement — and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment options available today.

Headquartered in St. Louis, Edward Jones ranked No. 4 overall in FORTUNE magazine’s 2014 100 Best Companies to Work For ranking. Visit our website at www.edwardjones.com and our recruiting website at www.careers.edwardjones.com. Follow us on Twitter @EdwardJones. Member SIPC. FORTUNE and Time Inc. are not affiliated with and do not endorse Edward Jones products or services.

Follow “Tax-smart” Investment Moves

Follow “Tax-smart” Investment Moves

With tax season upon us, it’s time to focus on your tax return, which is due on April 15. As you work on your return, you may see some areas in which you’d like to make some changes for 2014 and beyond — and one of these areas may be your investments. Specifically, can you find ways to become a more “tax-smart” investor?

You may be able to benefit from taking the following steps:

• “Max out” on your IRA.  Depending on your income level, you may be able to deduct some or all of your contributions to a traditional IRA. And your earnings can grow on a tax-deferred basis.* (Roth IRA contributions are not deductible, but your earnings and eventual distributions will be tax-free, provided you meet certain conditions.) You can contribute to your IRA for 2013 right up until the tax-filing deadline on April 15. And for 2014, the annual IRA contribution limit remains at $5,500 (or $6,500, if you’re 50 or older).

• Boost your 401(k) contributions. You generally contribute pre-tax dollars to your 401(k), so the more you put in, the lower your taxable income. (Depending on your employer, you may even be able to make Roth contributions to your 401(k) plan.)  So, every time your salary goes up, you may want to consider increasing your 401(k) contributions. For 2014, you can put in up to $17,500 to your 401(k) or other employer-sponsored plan, such as a 457(b) or 403(b). If you’re 50 or older, you can add another $5,500 on top of the contribution limit.

• Consider tax-advantaged investments. If you can afford to put money away even after you’ve reached the limits on your IRA and your 401(k), you might want to consider other tax-advantaged investments. For example, you may be able to benefit from investing in municipal bonds, which provide interest payments that are free of federal taxes, and, in some cases, free of state and local taxes, too. (Some municipal bonds may be subject to the alternative minimum tax.) Another investment possibility is a fixed annuity, which offers tax-deferred earnings growth. Your financial and tax advisors can help you determine which, if any, tax-favored investments may be suitable for your individual needs.

• Avoid frequent buying and selling. Many people constantly buy and sell investments, hoping to boost their returns. Such frequent trading is usually ineffective, however — and it can also be “taxing.” If you sell an investment that you’ve held for one year or less, you may have to pay the short-term capital gains rate, which is the same as your ordinary income tax rate. But when you sell an investment that you’ve held for more than one year, you’ll be assessed the more favorable long-term capital gains rate, which will be 15% or 20%, depending on your income level. So, as you can see, you have a real incentive to be a “buy-and-hold” investor.

Generally speaking, taxes, by themselves, shouldn’t drive your investment decisions. Instead, you should focus on an investment’s suitability for your risk tolerance and long-term goals. Work with your financial advisor and tax professional to see how you may be able to make progress toward your objectives and still keep control of your investment-related taxes.

* Taxes are due upon withdrawal and withdrawals prior to age 59 ½ may be subject to a 10% IRS penalty. Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation.

This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. 

Edward Jones Financial Advisor Wins Award for Outstanding Performance

William J. Caughey IV of Edward Jones recently won the firm’s coveted Zeke McIntyre Pioneer Award, which recognizes new financial advisors who achieve high levels of success early in their careers with the financial services firm. Caughey was one of only 291 of the firm’s more than 12,000 financial advisors to receive the award.

Caughey received the award at the Edward Jones Region 250 regional meeting in Cambridge, Maryland.

Jim Weddle, the firm’s managing partner, said the award is a strong indicator of a financial advisor’s future success.

“We recruit and hire our financial advisors from among the best, so we expect them to do well,” Weddle said. “But to achieve such success early in his career with Edward Jones is outstanding, and I commend William for his performance and dedication.”

The award is named after Edward Jones legend Zeke McIntyre, who opened the firm’s first branch office in 1957 in Mexico, Mo.

Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. Every aspect of the firm’s business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm’s 12,000-plus financial advisors work directly with nearly 7 million clients to understand their personal goals — from college savings to retirement — and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment options available today.

In January 2013, for the 14th year, Edward Jones was named one of the best companies to work for by FORTUNE Magazine in its annual listing. The firm ranked No. 8 overall. These 14 FORTUNE rankings include 10 top-10 finishes, consecutive No. 1 rankings in 2002 and 2003, and consecutive No. 2 rankings in 2009 and 2010. FORTUNE and Time Inc. are not affiliated with and do not endorse products or services of Edward Jones.

Edward Jones is headquartered in St. Louis. The Edward Jones website is located at www.edwardjones.com, and its recruiting website is www.careers.edwardjones.com. Member SIPC.