Smoky Mountain Trader

September 2, 2021

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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I'm obsessed with Ebates! (The #1 Cash Back Site) and think you will be too! Get a $10 bonus when you sign up with my free invite link! https://go.ebat.es/ h4OP1vzjxx The Generac PWRCell, a solar plus battery storage system. SAVE money, reduce your reliance on the grid, prepare for power outages and power your home. Full installation services available. $0 Down Financing Option. Request a FREE, no obligation, quote today. Call 1-877-370-0373. *MB Easy Go Golf Cart.jpg 1984 Easy-Go Golf Cart with Gas Engine. 4 extra tires & wheels included. $1500. Call 561-768-6360 and 423-586- 9590. 238 Lawn & Garden Equipment pic: FishPondAerators.jpg CasCade 5000 Floating Pond Fountain Aerator Factory Direct - $869.95 $ave Hundreds!!! 10-15 Ft. High! Elegance & Improved Water Quality Complete 1 HP unit w/Light, Timer, 100 ft. power cord & 1 year warranty! Pre-Assembled - installs in minutes! Call 7 days/week 608-254-2735 Fast UPS Shipping! www.fishpondaerator.com FOR SALE: Troy-Bilt Riding Lawnmower. 17.5hp, 42" cut, really good condition. $360. Call 423-748-3287. Elimate gutter cleaning forever! LeafFilter, the most advanced debris-blocking gutter protection. Schedule a FREE LeafFilter estimate today. 15% off Entire Purchase. 10% Senior & Military Discounts. Call 1-844-429-4788. Balancing Fun & Balancing Fun & Finances Finances If you're a grandparent, you don't need Grand- parents Day, observed on Sept. 12, to remind you of the joys of having grandchildren. Yet, you might want to use this day as an opportunity to think about ways to help provide for your grandchildren's future. The type of gift or support you provide will be different at various stages of your grandchildren's lives. Here are a few sugges- tions: When they're born… • Open a 529 plan. It's never too early to start saving for college or other types of advanced education. To help your grandchildren meet these costs, yo u could invest in a 529 education savings plan, which offers potential tax advantages if the money is used for qualified education expenses. If the grandchild for whom you've established the account ends up not using it, you can change the beneficiary to a qualified family member of the original beneficiary. (Be aware, though, that a 529 plan could affect your grandchild's financial aid prospects.) If your grandchild doesn't go to a college or university, a 529 plan can also pay for expenses related to apprenticeship programs offered through trade and vocational schools and registered with the U.S. Department of Labor. When they're children… • Open a savings account. It's important for your grandchildren to develop good financial habits – and one way you can help is to open a savings account for them and encourage them to contribute to it. You might even offer an incentive, such as matching their contributions, either in whole or in part. Consider shopping around for a high-yield savings account that's free to open and charges no monthly mainte- nance fees. • Establish a custodial account. You may want to introduce your grandchildren to the world of investing by starting a custodial account (known as UGMA or UTMA) in their name. You can put most types of investments, such as stocks and mutual funds, inside this account and track their progress along with your grandchildren. Children often enjoy learning about investing – and they may like owning shares of companies that make familiar products and services. The earnings generated by these investments can have tax implications, so you'll want to consult with your tax advisor before opening the custodial account. And you can't hold onto this account forever – once your grandchildren reach the age of majority, they gain control of the account, so they can do what they please with the investments. When they're young adults… • Help with the down payment on a home. Once your grandchildren are out in the world, they may well want to become homeowners. And, as you know, it can be challenging to come up with a down payment, so, if you can afford it, you may want to help in this area. You'll be doing your grandchildren a big favor, because home ownership is a key element in building wealth. • Provide financial guidance. As your grandchildren join the working world, they could benefit from advice and guidance on various issues, such as setting short- and long-term goals, managing their 401(k) plans and choosing an appropriate investment mix. So, consider making an appointment for them with a financial professional. By helping your grandchildren at different points on their road through life, you can make their journey more pleasant – and, in the process, you'll gain a lot of satisfaction. 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. www.tnsrbenefits.com Email: tnsrbenefits@charter.net 423.581.1004 IND. HEALTH INSURANCE ENROLLMENT OPEN UNTIL (Under 65) AUGUST 15th NEVER A CHARGE FOR OUR SERVICE w 4 Tennessee Senior Benefits Tennessee Senior Benefits 2351 East Morris Blvd. (ACROSS FROM COLLEGE SQUARE MALL) 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 Page 8 - The Smoky Mountain Trader - September 2 - September 8, 2021 www.thesmtrader.com

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