Consider these types of tax-smart contributions This year’s tax-filing deadline of April 18 is not that far off, but you still have time to make some moves that could favorably affect your tax returns. So, you may want to consider some tax-smart contributions. For starters, you have until the AprilContinue Reading
Joey Romano/Edward Jones Here’s something to think about: The average retired couple may need $10,000 to $12,000 per year for health care costs, not including long-term care. So how can you prepare for these expenses? First, take full advantage of your health savings account, if one is offered by your employer.Continue Reading
By Edward Jones’ Joey Romano If you own a small business, you typically don’t get a lot of recognition – so you may be pleased to learn that March 29 is National Mom and Pop Business Owners Day. You might not necessarily think of your business as a “Mom andContinue Reading
By Edward Jones’ Joey Romano In just a few days, we will experience the vernal equinox – one of the two times in the year when the sun is exactly above the equator. Apart from this astronomical anomaly, though, the equinox is mostly known as the beginning of spring –Continue Reading
From Edward Jones’ Joey Romano You can demonstrate this resilience by answering these questions: What is your specific goal? What obstacle do you face in achieving this goal? How can you overcome this obstacle? Here are some examples of how this resiliency process works: Goal: Building sufficient retirement funds ToContinue Reading
From Edward Jones’ Joey Romano Now that we’re a few weeks removed from 2020, it’s a good time to reflect on such a momentous year. We can think about developments in the social and political spheres, but we also learned – or perhaps re-learned – some valuable lessons about investing.Continue Reading
From Joey Romano, Edward Jones If you have a child or other family member who has special needs due to physical or mental conditions, you face a variety of challenges planning for their care, including financial ones. You may also have some well-meaning relatives who want to help, but whoContinue Reading
From Edward Jones’ Joey Romano If you’ve been investing for many years and you’ve owned bonds, you’ve seen some pretty big changes on your financial statements. In 2000, the average yield on a 10-year U.S. Treasury security was about 6%; in 2010, it had dropped to slightly over 3%, andContinue Reading
From Edward Jones’ Joey Romano Many of us probably felt that 2020 lasted a very long time. But now that 2021 is upon us, we can make a fresh start – and one way to do that is to make some New Year’s resolutions. Of course, you can make theseContinue Reading
From Edward Jones’ Joey Romano You’ve no doubt heard reports of personal data being stolen and used for financial fraud – anything from online shopping on your credit cards to actual theft from your financial accounts. This problem won’t go away anytime soon – but you can take steps toContinue Reading
From Edward Jones’ Joey Romano You won’t see any greeting cards celebrating it, and it’s not likely to be on your calendar, but in just a few weeks, National 401(k) Day will be observed. And this type of recognition may be warranted, too, because 401(k) plans have become key buildingContinue Reading
By Edward Jones’ Joey Romano It’s unfortunate, but true: During this period of economic uncertainty, one of the busiest “industries” has been financial scamming. But it goes on even during normal times, too, so you’ll want to know what to look for, and how to defend yourself. For starters, justContinue Reading
From Edward Jones’ Joey Romano Throughout much of your working life, you contribute to your 401(k), IRA and other investment accounts to help ensure a comfortable retirement. However, once you do retire, you’ll need to shift your focus somewhat from building these investments to using them – in other words,Continue Reading
From Edward Jones’ Joey Romano Over the past few months, just about everyone has felt the loss of some type of freedom, whether it’s being able to travel, engage in social gatherings or participate in other activities we previously took for granted. Still, as we prepare to observe Independence Day,Continue Reading
From Edward Jones’ Joey Romano There’s certainly been plenty of volatility and uncertainty the past few months, but one aspect of your financial picture has probably remained stable: your need for insurance. And since National Insurance Awareness Day is observed on June 28, now is a good time to reviewContinue Reading
From Edward Jones’ Joey Romano Typically, this time of year is filled with graduation ceremonies and celebrations. But with the coronavirus pandemic, not much has been typical lately. Eventually, though, things will return to normal and schools will reopen for in-person learning. And if you have young children, you mayContinue Reading
From Edward Jones’ Joey Romano The recent market volatility has affected just about everybody’s financial and investment situations – so, if you were planning to retire soon, will it still be possible? Of course, the answer depends somewhat on your employment situation. With so many people’s jobs being affected byContinue Reading
From Edward Jones’ Joey Romano As we go through the coronavirus pandemic, with its constant threat to personal health and its devasting impact on the economy, it can be hard to find a silver lining. But if there is one, it’s that government agencies, private businesses and nonprofit organizations haveContinue Reading
From Edward Jones’ Joey Romano The social distancing and stay-at-home orders necessitated by the coronavirus have led many of us to feel isolated. Still, we’ve fought back through social media, “virtual” gatherings and walks in the neighborhood, where we could greet friends and neighbors (from 6 feet away). But whenContinue Reading
From Edward Jones’ Joey Romano Mother’s Day is upon us. If you’re a mother, you’ll enjoy the recognition you get from your family on this day. And given the health concerns caused by the coronavirus, your appreciation of family may be even greater this year. As we all know, mothersContinue Reading