The Trust Company of Tennessee announced today that it is donating $30,000 to two East Tennessee nonprofits to provide additional support and counter the effects of COVID-19 on members of the local community. “We are hopeful that these donations … [Read more...]
New! Virtual Retirement Account Reviews
The Trust Company of Tennessee is excited to announce a new complimentary resource for plan participants seeking advice on their retirement plan and other retirement planning topics. A Client Specialist is available to provide Virtual Retirement … [Read more...]
Haslam College of Business Webinar
Tracie Woidtke, Sharon Pryse, and Andy Puckett will provide an overview of how COVID-19 is affecting our capital markets. How are equity and debt markets being disrupted? Should investors panic? What changes are we seeing from publicly traded … [Read more...]
Relief for Student Debt Holder
On Friday, March 27, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. The $2.2 trillion emergency stimulus bill provides relief for American consumers, businesses and industries. It came as a … [Read more...]
Market Commentary | Q1 2020
As we all settle into a new normal, we hope you and your loved ones are well. Isn’t that really what investing is about? It’s about storing up for the future to provide for ourselves and those we care for, or maybe a charitable cause or a personal … [Read more...]
FAQ: the Volatility of Oil
Given the recent extreme volatility of oil prices, we’ve put together a FAQ list to help you stay informed. How does oil trade? Crude oil trades in futures contracts, which means buyers are contracting to buy oil in-kind and accept delivery. … [Read more...]
Community Aid
We, at The Trust Company of Tennessee, know that it is more important than ever to stay connected during these challenging times. We have created a list of resources that we hope you find useful. Statewide Resources Tennessee Department of … [Read more...]
Roth conversions on sale
Chances are your IRA has a lower market value today than it did at the start of the year. No matter your age or retirement timeframe, this can be a hard pill to swallow. While the current market environment may only seem to bring negative thoughts of … [Read more...]
CARES Act Important Notice to IRA Owners
We hope you are staying safe and healthy. The confusing landscape of this environment is changing day by day, even hour by hour. Rest assured, however, that we are still here and working for you. You are on our minds and we have you covered. On … [Read more...]
The CARES Act: How does it affect retirement plans and IRAs?
On Friday, March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES), which President Trump signed into law. This act will provide significant relief to both individuals and businesses as they manage the current … [Read more...]