Saving for retirement is not easy, but using your retirement savings wisely can be just as challenging. How much of your savings can you withdraw each year? Withdraw too much and you run … Read More
On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of this omnibus spending bill. It is intended to assist individuals and … Read More
Overview Over the past 12 months, we have endured a global pandemic resulting in numerous deaths and hospitalizations, mass layoffs, a sinking economy, and a contentious presidential election. Our lives and lifestyles changed, where … Read More
In December 2020, the brightest of legal minds gathered for the annual State Bar of Arizona Conference focused on 2020 Vision: Access, Innovation, Opportunities. Built on an 80+ year tradition, this year&rsquo … Read More
Sandra Hudson, CEO of Trust and Wealth Management, President of TrustBank Arizona, has announced a new community partnership with the Literary Society of the Southwest … Read More
U.S. retail sales suffered in the spring of 2020 due to safety concerns, government-mandated lockdowns, and economic uncertainty wrought by the coronavirus pandemic. Sales — including purchases at stores, restaurants, and online — … Read More
Here are some things to consider as you weigh potential tax moves between now and the end of the year. 1. Defer income to next year Consider opportunities to defer income to 2021, particularly if … Read More
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when … Read More
In April 2020, the U.S. economy lost an astonishing 20.8 million jobs, by far the largest loss recorded in a single month dating back to 1939. To put this in perspective, the second largest monthly … Read More
Every year, the College Board releases updated college cost data and trends in its annual report. Although costs can vary significantly depending on region of the country and college, the … Read More
The Markets (as of market close November 30, 2020) Despite a downturn on the last day of the month, stocks rebounded impressively in November from a moribund performance in October. Several of the benchmark indexes … Read More
Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2021, other key numbers have increased. IRA contribution limits The maximum amount you … Read More
The Markets (as of market close October 30, 2020) Stocks fell for the second consecutive month in October as rising COVID-19 cases and related deaths shunted signs of an economic rebound. The month began on … Read More
Please join us in welcoming Gregg Balderrama, CFA, CAIA Senior Portfolio Manager, to the TrustBank team. Gregg looks forward to working with the professionals at TrustBank, our community and building prosperity for … Read More
The Markets (third quarter through September 30, 2020) July kicked off the third quarter with a bang as stocks surged throughout much of the month. Investors were encouraged by solid employment growth, a rise in … Read More
TrustBank Senior Portfolio Manager Jordan C. Blevins discusses the difference between growth and value stocks. … Read More
Vice President & Senior Relationship Manager Aaron Mascarella discusses how TrustBank works with clients to … Read More
