Your federal tax bill likely will be higher this April, as a result of legislation Congress passed last year.
Now may be a good time to consider the benefits of a J.P. Morgan line of credit¹: It can help you maintain iquidity during tax season, without selling assets or disrupting your investment plans.
Plus, there is no cost to establish a line of credit and interest is charged only on the funds you use.²
In today's low-interest-rate environment, borrowing against holdings in your J.P. Morgan Securities investment account can also be a cost-effective way to:
- Manage cash flow
- Acquire non-investment-related assets
- Preserve cash for emergencies or other needs
- Fund business growth
Please keep in mind that loans collateralized by securities involve certain risks, including but not limited to liquidation in the event of a margin call, and may not be suitable for all investors.
Ask your J.P. Morgan Securities Financial Advisor for more information.