In this issue: 401k Rollover: Considering Your Options Dear Madame Francesca… Tell me some things about the new tax law that I don’t know from the incessant repetitive chatter. Signed, Fit To Burst The Trust Company of Virginia expands into Tennessee TCV App: Introducing a new, convenient option for viewing your accounts.
Your reference guide to 2018 Tax Rates, College Savings Incentives, IRA and 401(k) Contributions, Affordable Care Act Taxes, ABLE Accounts, and Social Security Benefits.
Comments from our Investment Group The U.S. stock market, at this writing is down 8% from its recent high. As we have discussed in the past, it is not unusual for a Bull Market to have a 5% to 10% correction every few quarters. The surprise is the rapidity of the decline. It has…
The calendar turns over to 2018 leaving behind one of the least volatile years for equity markets in history. The S&P 500 returned 21.8% in 2017, finishing the fourth quarter up 6.6%, with a intra-year dip of only 3%…
The U.S. Department of Labor’s (DOL) new Fiduciary Rule is intended to address conflicts of interest that permeate the financial industry. Although many of our peers have had to alter their business practices to comply with the rule, nothing will change here at The Trust Company of Virginia. Find out what the new rule intends…
Nearing the end of the year creates a natural inclination to reflect on where the markets have been, where they are, and where they may be in the future. In the third quarter the song remained very much the same as previous quarters…
Despite headwinds of rising interest rates, a decreasing likelihood of fiscal stimulus and high valuations, U.S. equity markets keep climbing…
What Your Children In Their 30s And 40s Should Know About Wealth Preservation Are you preparing your beneficiaries for wealth? Trust funds are not always lost to divorce or reckless spending. More often than not, children are simply not educated in wealth preservation. Being a conscientious steward of wealth is a tremendous responsibility. Heirs in their…
The status quo in the market has remained (insert any of the following); Volatile, Unpredictable, Capricious, Explosive, etc… each accurately describing today’s markets. Market conditions of late have left clients asking “How do you pick stocks in a market like this?” We thought instead of bemoaning the events top of mind; Brexit, Oil prices, How To Make America…
The second quarter of 2016 has been one for the books. Negative interest rates continued to confuse investors, Puerto Rico defaulted on their constitutionally guaranteed GO debt, US politics continue to provide global amusement… however the UK eclipsed them all with a surprise vote to leave the European Union. The “Brexit” surprised markets and caused a rush of…