Smoky Mountain Trader

January 10, 2019

The Smoky Mountain Trader a free Classified paper serving 12 counties in 3 states. Hamblen, Knox, Jefferson, Cocke, Grainger, Sevier, Hancock, Hawkins, Claiborne and Greene Counties in Tennessee. Plus Lee County Virginia and Bell County Kentucky.

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Get Home Insurance with cus- tomized coverage. Call for a free quote: 423-707-2355. ppc GET HOME INSURANCE WITH CUSTOMIZED COVERAGE! Call for a free quote: 844-212-8230. PPC FREE AUTO INSURANCE QUOTES. See how much you can save! High risk SR22 driv- er polices available! Call 423- 492-0090. PPC LIFE INSURANCE Quotes free! Compare and see how much you can save! Nation's top providers! No obligation! Call Now! 865-507-4371 LIFE INSURANCE Quotes free! Compare and see how much you can save! Nation's top providers! No obligation! Call now! 855-403-0531. PPC 300 Weddings Ivory/Champagne strapless wedding dress with beautiful beading. David's Bridal, Size 16, Style T9264. Asking $150 OBO Call or text 865-227-3213. 335 Education HEALTHCARE CAREER TRAINING ONLINE! Start a new career in Medical Billing & Coding. Medical Administrate Assistant. To learn more, Call Ultimate Medical Academy at 888-659-2128 Bugs, Mice, Rodent Problems? You need Terminix Today! Call 865-314-8273. GET HOME INSURANCE WITH CUSTOMIZED COVERAGE! Call for a free quote: 844-212-8230. PPC For many years, employees of companies that offered 401(k) plans only faced a couple of key decisions – how much to contribute and how to allocate their dollars among the various investment options in their plan. But in recent years, a third choice has emerged: the traditional versus Roth 401(k). Which is right for you? To begin with, you need to understand the key difference between the two types of 401(k) plans. When you invest in a traditional 401(k), you put in pre-tax dollars, so the more you contribute, the lower your taxable income. Your contribu- tions and earnings grow tax-deferred until you begin taking withdrawals, which will be taxed at your ordinary tax rate. With a Roth 401(k), the situation is essentially reversed. You contribute after-tax dollars, so you won't lower your taxable income, but withdrawals of contributions and earnings are tax-free at age 59-1/2, as long as you've held the account at least five years. So, now that you've got the basics of the two types of 401(k) plans, which should you choose? There's no one right answer for everyone. You essentially need to ask yourself these questions: When do you want to pay taxes? And what will your tax rate be in the future? If you're just starting out in your career, and you're in a relatively low income tax bracket, but you think you might be in a higher one when you retire, you might want to consider the Roth 401(k). You'll be paying taxes now on the money you earn and contribute to your Roth account, but you'll avoid being taxed at the higher rate when you start taking withdrawals. Conversely, if you think your tax rate will be lower when you retire, you might be more inclined to go with the traditional 401(k), which allows you to avoid paying taxes on your contributions now, when your tax rate is high. Of course, you can see the obvious problem with these choices – specifically, how can you know with any certainty if your tax bracket will be lower or higher when you retire? Many people automatically assume that once they stop working, their tax liabili- ties will drop, but that's not always the case. Given their sources of retirement income from invest- ment accounts and Social Security, many people see no drop in their tax bracket once they retire. Since you can't see into the future, your best move might be to split the difference, so to speak. Although not all businesses offer the Roth 401(k) option, many of those that do will allow employees to divide their contributions between the Roth and traditional accounts. If you chose this route, you could enjoy the benefits of both, but you still can't exceed the total annual 401(k) contribution limit, which for 2019 is $19,000, or $25,000 if you're 50 or older. You may want to consult with your tax advisor before making any decisions about a Roth or traditional 401(k) – or Roth and traditional 401(k) – but in the final analysis, these are positive choices to make, because a 401(k), in whatever form, is a great way to save for retirement. Try to take full advan- tage of it. Roth vs. Traditional 401(k): Roth vs. Traditional 401(k): Which Is Right for You? Which Is Right for You? Marcus Trantham Financial Advisor 6144 Cumberland Gap Parkway Suite 3 Harrogate, TN 37752-7861 Bus. 423-869-3608 Fax 888-810-2732 marc.trantham@edwardjones.com www.edwardjones.com/marc-trantham This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. Edward Jones, its employees and financial advisors are not estate planners and cannot provide tax or legal advice. You should consult your estate-planning attorney or qualified tax advisor regarding your situation. ( 423 ) 581-2008 Evening and Saturday Appointments Available • Home and Hospital Visits Available Litigation in all Tennessee State and Federal Courts ©SMTPUB INC Evening and Saturday Appointments Available • Home and Hospital Visits Available Litigation in all Tennessee State and Federal Courts 837 West 1st North St. Morristown, TN 37814 Next to the Chamber of Commerce C.E. BUD CUNNINGHAM Army Lt. Colonel (Retired) • Adjunct Proffessor of Law, LMU BANKRUPTCY • CRIMINAL DEFENSE Divorce • Custody • Child Support ©SMTPUB INC Call the Tax Dr. Today for a Free Consultation & Let Us Handle this Stress! BOOKKEEPING • PAYROLL • TAX DEBT RELIEF PERSONAL TAXES • BUSINESS TAXES d/b/a Business Services Unlimited 423-317-9990 Tom Griffith CB, CSA, RTRP Jack Campbell EA TaxDR R • Tax Levies & Liens • Wage Garnisments • Stop Pentalites & Interest • Payroll Tax Negotiation WE ARE NOW ACCEPTING NEW TAX CLIENTS Call for an appointment to discuss your tax situation for the upcoming season. We Can Help: • NO OBLIGATION • NEVER A CHARGE FOR OUR SERVICE Tennessee Senior Benefits 2351 East Morris Blvd. Located Across From College Square Mall, Beside Hardees 423.581.1004 800.226.1004 WE SPEAK • NO OBLIGATION MEDICARE facebook.com/tennesseemedicare Marcus Trantham Financial Advisor 6144 Cumberland Gap Parkway Suite 3 Harrogate, TN 37752-7861 Bus. 423-869-3608 Fax 888-810-2732 marc.trantham@edwardjones.com www.edwardjones.com/marc-trantham www.thesmtrader.com January 10 - January 16, 2019 - The Smoky Mountain Trader - Page 11 APPALACHIAN APPALACHIAN AUTO REPAIR AUTO REPAIR APPALACHIAN AUTO REPAIR 520 Jarnigan Ave. 520 Jarnigan Ave. Morristown, TN Morristown, TN 423-587-2260 423-587-2260 520 Jarnigan Ave. Morristown, TN 423-587-2260 Brakes $89.99 Per Axle Alignment $44.99 Oil Change & Tire Rotation $34.99

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