WE ARE EXPANDING! OUR NEW NUMBER IS (904) 626-7723 

WE ARE EXPANDING! Cuevas Jones is EXPANDING to now include Suites 103 & 104. As such, we are under extensive construction and have switched our communication carriers to support our increasing needs so we can provide you with better service. DON’T FORGET TO UPDATE YOUR ADDRESS BOOK! OUR NEW NUMBER IS (904) 626-7723

5 Things You Need to Know Before Filing a Tax Extension 

The Tax Deadline is Today! Call us for help with your extension.

  By Lisa Greene-Lewis, CPA Tax day is here, and while it’s always a good idea to file as soon as possible, there could be reasons you may need some extra time. Maybe you moved and don’t have all of your paperwork in order, or an unexpected life event is preventing you from filing by […]

Tip: Never send more than 5 dispute items per month to any Credit Bureau 

Credit Report

Tip: Never send more than 5 dispute items per month to any credit bureau, or they will mark your them as frivolous and irrelevant and reject them. Most credit repair firms dispute only 2-3 items per bureau per month. When writing to credit bureaus, enclose a copy of the report with the items circled and […]

4 Biggest Targets for Identity Theft 

By Simple. Thrifty. Living. Identity theft is a growing threat throughout the world. Thieves continue to create more advanced, sophisticated and unpredictable methods to steal valuable personal information. In 2012 alone, 16.6 million Americans were victims of identity theft. The risk is real, and everyone is a target. Identity theft occurs when a thief gains […]

5 Ways to Know If You’re on Track to Retire Early 

By scottmedintz Interested in retiring early? How do you know if you’re on track? The usual answer is a financial formula: A given amount of savings, plus some investment return, equals a certain lifestyle, for a certain number of years. It’s simple math. Or is it? In fact, it’s extremely difficult to predict your financial […]

Paralegal Services & Satellite Offices Available 

Paralegal Services Available Cuevas Jones Financial Services has a full staff of both English and Spanish speaking individuals ranging from entry level to 10+ years of paralegal/case management experience in the personal injury field. We can assist with client interviews/intakes, gathering accident/incident reports, drafting letters of representation, drafting medical records requests, drafting status letters to […]

The 3 Secrets to Maxing out Social Security Spousal Benefits 

Q: My wife was born in 1950 and will be 65 this year; I was born in 1953 and will be 62. As I have earned more in my lifetime, my Social Security benefit is estimated to be larger than hers at full retirement age. But her spousal benefit would be less than half of her individual retirement benefit. When the younger spouse has a higher estimated benefit, what are some strategies to explore? —Jack

A: If there’s one set of rules worth understanding, it’s spousal benefits. Every year, couples leave literally billions of dollars on the table because they make the wrong claiming choices. Here are three secrets to getting this claim right, and how they apply to your situation:

1. To get spousal benefits, the primary earner must file for retirement benefits first. Spousal benefits can equal as much as half of the amount the person would receive in individual Social Security benefits at full retirement age (FRA). For anyone born in 1943 through 1954, FRA is 66; it will gradually rise to 67 for people born in 1960 or later.

2. If you file for a spousal benefit before your FRA, you will end up with a smaller amount. …read more

3 Simple Math Equations All Investors Should Know 

Whether you love to buy and sell stocks or barely understand what’s going on in your retirement account, there’s a good chance you could benefit from learning more about the math behind the stock market.

Here are three fundamental equations that the savviest investors know. Relatively easy to understand, they will help you choose the right stocks and funds and, most important, keep your expectations about future returns grounded in reality.

Equation 1

S&P 500 dividend yield + about 4.5% = the expected long-term return on stocks

This formula, known as the Gordon equation, assumes stocks get their ultimate value from being able to one day return earnings to investors. (That’s true whether or not a company currently pays a dividend or reinvests in the business.) Anything above or below that is a result of investor sentiment.

You can look up the current S&P 500 dividend yield, which is about 5% now, at multpl.com; the 4.5% is how much you can expect dividends to grow based on the past. So today the expected long-run return is 9.5%. Adviser and author William Bernstein says thinking about this number brings you down to earth in boom years, and can reassure you when the market is …read more

How to Save More While Earning Less 

150306_POV_2

As a navigation officer on boats carrying supplies to oil rigs in the Gulf of Mexico, Lonnie Roberts Jr. is experiencing the downside of falling fuel prices. As oil companies look to preserve profit margins, Lonnie’s employer cut back his pay 9% and eliminated the 4% match on his 401(k) in January.

Even before that, Lonnie, 47, and wife Shawn, 45, felt behind on retirement. Now the Cedar Park, Texas, couple are especially anxious, knowing they need to find a way to live on less while building up their $245,000 nest egg.

With Lonnie on a boat for weeks at a time, Shawn gave up her job as an aesthetician to be home with Adison, 13, and Aiden, 11. So the family lives on Lonnie’s now $127,000 salary, 7% of which goes into his 401(k) and 7% to buying company stock. After expenses, they don’t have much left over, and their credit card balances have grown to $9,700. Something has to give. “To retire in 20 years,” says Lonnie, “we know we need to make the right moves now.”

Here are four fixes that can help get them on the right track:

Free …read more

Cuevas Jones Tax Preparation Services 

Cuevas Jones Financial Services provides tax preparation services to the Jacksonville community. File Securely Today, Plan Wisely for Tomorrow.

Subscribe to Our eNewsletter

Enter your email address to subscribe to our company eNewsletter and receive notifications of new posts by email.