Edward Jones Flex Funds® account

Stay ahead of big expenses that are right around the corner with short-term cash that’s accessible and separate from other assets

Before you know it, it will be time for next year’s vacation, a new car, an upcoming wedding or that home renovation project you’ve been putting off.

Stay ahead of what’s right around the corner with the Edward Jones Flex Funds® account. You can open as many Flex Funds accounts as you need, and by naming each Flex Funds account with your specific goals in Online Access, you can easily track progress while keeping this cash separate from your investments. This account helps you:

  • Easily track progress toward short-term goals
  • Keep cash for short-term goals separate from other assets
  • Access your money when you need it

Features

  • No annual account fee
  • Account balances may earn interest and dividends through our Insured Bank Deposit program
  • Cash swept into Insured Bank Deposit eligible for up to $5 million of FDIC coverage through participating program banks ($10 million on joint accounts).1
  • Free check writing when it comes time to access your money (up to 120 checks per year)
  • Online access to transfer funds and view or download account activity

How we can help

Your Edward Jones financial advisor can work with you to incorporate a solid short-term cash strategy into your overall financial picture.

Important Information:

 

1 FDIC coverage is available through the Insured Bank Deposit program. Up to $5 million for single registration or $10 million of coverage for joint accounts of two or more people. For more information, including the program disclosure document, go to www.edwardjones.com/bankdeposit. For more information on FDIC insurance, go to www.fdic.gov.
 

Edward Jones is not a bank or FDIC-insured institution and deposit insurance only covers the failure of an insured bank. FDIC insurance for deposits held in the Insured Bank Deposit Program ("Program") is provided by the FDIC-insured banks that participate in the Program, on a "pass-through" basis which requires certain conditions to be met for coverage to apply. For a current list of the network of FDIC-insured banks participating in the Program, see Insured Bank Deposit.