As education costs increase, understanding what investment vehicles are available and what to consider when saving for college is something you should prioritize. Bank savings is important for many reasons but putting back a little extra each month may not provide enough growth for a college education. Fortunately, there are multiple ways to save for college and even K-12 expenses. …
The Trust Company of Tennessee adds Fillers as relationship manager
The Trust Company of Tennessee has hired Kevin S. Fillers as a relationship manager in the firm’s Knoxville office. Based in Knoxville, The Trust Company of Tennessee is a state-chartered bank with more than $3.5 billion under management. The company helps individuals, families, business owners and charities make better decisions with money through wealth management, corporate retirement and personal trust …
Retirement Plan Academy: Top Department of Labor Audit Issues
The Trust Company of Tennessee’s Retirement Plan Academy helps plan sponsors build knowledge through concise virtual workshops that offer advice and best practices at no cost.
Your retirement plan could be your company’s best asset
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 as one business differs from another, we see that plan sponsors have many different objectives for offering a …
The Trust Company of Tennessee adds Alex Butler as systems analyst
The Trust Company of Tennessee has hired Alex Butler as a systems analyst in 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 than $3.5 billion under management. The firm helps individuals, families, business owners and charities make better decisions with money through wealth management, …
Financially stressed employees hurting your bottom line?
ARE FINANCIALLY STRESSED EMPLOYEES IMPACTING YOUR BOTTOM LINE? Did you know that your employees may have financial stress that is impacting your bottom line? According to a national study1, up to 30% of employees report that personal financial issues may cause them to be distracted at work. Of those affected by financial stress, 46% reported spending three hours or more …
Retirement Plan Academy: Retirement Committee Best Practices & Investment Policy Statements
The Trust Company of Tennessee’s Retirement Plan Academy helps plan sponsors build knowledge through concise virtual workshops that offer advice and best practices at no cost.
The Trust Company of Tennessee named 2020 Top Workplace
The Trust Company of Tennessee again has been named a Top Workplace by the Knoxville News Sentinel. The firm first earned this distinction in 2017.
Retirement Plan Academy: Understanding & Minimizing Plan Fees
The Trust Company of Tennessee’s Retirement Plan Academy helps plan sponsors build knowledge through concise virtual workshops that offer advice and best practices at no cost.
529 plan’s less popular cousin – the Coverdell ESA
We’re continuing our education series with a closer look at Coverdell ESAs. Before 529 plans were expanded to include K-12 tuition, Coverdell ESAs were a popular way to save for both college and secondary education expenses. Coverdells have both benefits and limitations, and it’s important to compare all of your saving options before opening an account. Benefits First off, Coverdells can look very similar to 529 plans: Both provide tax-free withdrawals on qualified education expenses. Both have …





