Smoky Mountain Trader

February 8, 2018

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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All wood desk, 42" long by 20" wide, 5 drawers with shelves, matching chair, excellent cond., $30. 423-317-9091. Electric trash compactor, $50. 423-300-9246. 2 wooden crates, $20 each. 865-660-6270. GUTTERS & MORE Seamless Guttering & Leaf Guards Repair and Gutter Cleaning Over 20 Colors 423-587-2187 Pair of 24% led crystal lamps, white shades, $20. 423-317- 9091. Rug 63" x 92" Burgandy and gold, $30. 423.-317-9091. New 10x16 foot beige carpet, $60.00 423-300-9246. Genpro 9wk Generator. New carb, tank, battery, fuel pump. $1,200. Call 423-277-1778. pic: Cabinet.jpg Estate Sale, 449 Ashe Street, Morristown, TN, February 9-11, 2018 from 9-5. Antiques, glassware, furniture, house- hold, curios, 100's of milk pitchers and collectibles. 865-712-7223. 236 Legal Services Are you in BIG trouble with the IRS? Stop wage & blank levies, liens & audits, unfiled tax returns, payroll issues, & resolve tax debt FAST. Call 423-714-0012. 237 Tools Drill Press, Table Saw, Rout- er, Planer, Miter Saw. Call 865-828-5894. Cement tools, Bull Float, all tools. $300 for whole set. 423- 273-9487 or 423-736-7661. 238 Building Supplies Sawmill Lumber. All Types of sawmill lumber for barns and houses. Cedar Fence Post, Cedar Lumber, DeLogs for Log Homes. Also buying standing cedar trees or delivered to my mill. Call 423-293-4692. 238 Lawn & Garden Equipment BP 500H Echo Backpack Leaf Blower, almost new, barely used. $250. 423-586-4112. Husqvarna 385 XP Chainsaw. Take out those big trees! Call 865-475-3776. 240 Pets ZEBRA FINCHES $12 per pair 423-839-5959 Call after 3pm DOGS FOR SALE: 3 Pure- bred Blue Healers. 1 male, 2 females; $150 each OBO. Call 423-748-5808. 30 gallon fish tank, $50. 865- 660-6270. You may not get much of a thrill from filing your taxes, but the process becomes much more enjoyable if you're expecting a refund. So, if one is headed your way, what should you do with the money? The answer depends some- what on the size of the refund. For the 2017 tax year, the average refund was about $2,760 – not a fortune, but big enough to make an impact in your life. Suppose, for example, that you invested this amount in a tax-deferred vehicle, such as a traditional IRA, and then did not add another penny to it for 30 years. At the end of that time, assuming a hypothetical 7 percent annual rate of return, you'd have slightly more than $21,000 – not enough, by itself, to allow you to move to a Caribbean island, but still a nice addition to your retirement income. (You will need to pay taxes on your withdrawals eventually, unless the money was invested in a Roth IRA, in which case withdrawals are tax-free, provided you meet certain conditions.) Of course, you don't have to wait 30 years before you see any benefits from your tax refund. If you did decide to put a $2,760 tax refund toward your IRA for 2018, you'd already have reached just over half the allowable contribution limit of $5,500. (If you're 50 or older, the limit is $6,500.) By getting such a strong head start on funding your IRA for the year, you'll give your money more time to grow. Also, if you're going to "max out" on your IRA, your large initial payment will enable you to put in smaller monthly amounts than you might need to contrib- ute otherwise. While using your refund to help fund your IRA is a good move, it's not the only one you can make. Here are a few other possibilities: Pay down some debt. At some time or another, most of us probably feel we're carrying too much debt. If you can use your tax refund to help reduce your monthly debt payments, you'll improve your cash flow and possibly have more money available to invest for the future. Build an emergency fund. If you needed a new furnace or major car repair, or faced any other large, unexpected expense, how would you pay for it? If you did not have the cash readily available, you might be forced to dip into your long-term investments. To help avoid this problem, you could create an emergency fund containing three to six months' worth of living expenses, with the money kept in a liquid, low-risk account. Your tax refund could help build your emergency fund. Look for other investment opportu- nities. If you have some gaps in your portfolio, or some opportunities to improve your overall diversification, you might want to use your tax refund to add some new investments. The more diversi- fied your portfolio, the stronger your defense against market volatility that might primarily affect one particular asset class. (However, diversification, by itself, can't protect against all losses or guaran- tee profits.) Clearly, a tax refund gives you a chance to improve your overall financial picture. So take your time, evaluate your options and use the money wisely. What Should You Do With Your Tax Refund? What Should You Do With Your Tax Refund? 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. ( 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 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 S & S Custom Doors Inc. 1710 North Broad Street Tazewell, TN 37879 Ph: (423) 626-3743 Fax: (423) 626-3748 Junior and Donna McGeorge BARGAIN BARN Furniture & Mattress Outlet 2567 Buffalo Trail 2567 Buffalo Trail Morristown, TN 37814 Morristown, TN 37814 423-839-0648 Financing Available Financing Available FREE Delivery Up to 50 Miles FREE Delivery Up to 50 Miles Page 12 - The Smoky Mountain Trader - February 8 - February 14, 2018 www.thesmtrader.com

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