Edward Jones Introduces Income Management Service
Financial-services firm Edward Jones has introduced an income management account designed to help investors simplify, track and access income from multiple sources, according to Tim Mannino, an Edward Jones financial advisor in Edinboro, PA
The new Edward Jones Income Manager account allows investors to collect income generated from multiple sources, such as stocks, bonds, Individual Retirement Accounts (IRAs), paychecks, annuities and Social Security. Income Manager balances are FDIC-insured up to $1.5 million, and can be accessed through checks, debit cards, electronic transfers and online bill pay.
An innovative feature of Income Manager is its ability to estimate account balances for the coming 12 months in order to help accountholders avoid potential shortfalls before they happen.
Investors also can set a minimum balance in their Income Manager account. This feature is designed to help investors to ensure the necessary income is available to both meet their needs and stay above this minimum balance. Income Manager is a stand-alone account that holds only income, not the investments that generate it.
For more information on this service contact Tim Mannino at the Edinboro Edward Jones office, (814) 734-9696
318 Plum Street Suite C, Edinboro, PA 16412