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 Trust Company of Tennessee adds Kate Johnson as administrative assistant
The Trust Company of Tennessee has hired Kate Johnson as an administrative assistant 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 … [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...]
Focus on what you can control
On March 11th, 2020, the Dow Jones Industrial Average entered bear market territory for the first time in 11 years, followed by the S&P 500 and the Nasdaq the next day. A bear market is defined as a sustained period of downward trending stock … [Read more...]
The Trust Company of Tennessee News | Q1 2020
The Trust Company of Tennessee adds Teri Rector as customer service representative
The Trust Company of Tennessee has hired Teri Rector as a customer service representative 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 … [Read more...]
Talking about money with your spouse
February – the month of love. This month, let’s switch gears from talking about divorce to talking about how to have productive conversations with your spouse about money. “Money Issues” is consistently named as one of the top causes for divorce, … [Read more...]
Coronavirus Fears Drive Markets Lower – Assessing the Recent Market Selloff
On Monday, February 24, global equity markets sank more than three percent on renewed coronavirus (COVID-19) fears, following reports of a surge in cases in Italy, South Korea and Iran. The S&P 500 Index, which had hit a record high the week … [Read more...]
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