How can your retirement plan work for you? Aside from saving for your own retirement, that is... Retirement plans shouldn’t be a one size fits all approach. It should be a strategic tool that helps plan sponsors achieve their business goals. Just … [Read more...]
The Trust Company of Tennessee News | Q2 2020
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...]
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...]
Navigating divorce settlements in uncertain times
Divorce is wrought with emotions – fear, uncertainty, maybe even anger. Add a global pandemic and bear market to the mix and it can be nearly impossible to feel as if you are making any decisions with clarity. You are likely seeing account values … [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...]
Tax Reporting Mailing Dates
You should expect your tax forms from The Trust Company of Tennessee to be postmarked on, or before, the following dates. If you have any questions, please contact your Relationship Manager. Tax Form Postmarked Date Form 1099-R: … [Read more...]
Resolve to make better decisions with money
New Year’s resolutions often address behavior changes such as exercise and diet. But your financial health has a big impact on your overall well-being. Here are four serious financial resolutions and one fun one to make in 2020. Make a plan to … [Read more...]
New Year – New Financials
As we start a new decade in the new year, below are a few simple ideas to give your financial life a head start. Reassess Your Goals – Reassessing your financial goals each year is a great way to set yourself and your family up for success, and it … [Read more...]
2020 contribution limits: What do they mean for me?
The IRS has announced contribution and benefit limits for 2020. Click here for details. What do they mean for me? Good news! The limits have increased across many areas so you can save more for your retirement. The contribution limit for … [Read more...]
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