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...]
The SECURE Act – How does it affect Retirement Plans?
The SECURE (Setting Every Community Up for Retirement Enhancement) ACT is a bi-partisan bill that is intended to expand retirement plan coverage to more workers, reduce hurdles for saving, and acknowledges that employees are working and living … [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...]
The Trust Company of Tennessee adds Bryson Bosson as business analyst
The Trust Company of Tennessee has hired Bryson S. Bosson as a business analyst at the firm’s Knoxville headquarters. Founded in 1987 and with offices in Chattanooga, Knoxville and the Tri-Cities, The Trust Company of Tennessee currently has more … [Read more...]
SECURE Act – How are you affected?
With the passing of the SECURE (Setting Every Community Up for Retirement Enhancement) Act at the end of December, you may be asking how or if this impacts your financial plan. A few of the bigger changes are highlighted below. Delays RMD age … [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...]
3 Ways to Save Money on the Divorce Process
It is no secret that getting a divorce can be an expensive process. In fact, according to Lawyers.com, the total costs for divorce in Tennessee usually run anywhere from $4,000 to $28,000. The total bill can be even higher for divorces that involve … [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...]
The Trust Company of Tennessee News | Q4 2020
Gold: Setting the record straight
Upon rising nearly 20 percent over the past 12 months, gold prices are making headlines and sparking intrigue among investors. While investors may be tempted to associate increased equity volatility (as measured by the VIX Index) to gold’s recent … [Read more...]
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