We all know men and women are different in some fundamental ways. But is this true when it comes to financial planning? In a word, yes. Everyone wants financial security. But women often … Read More
In November 2021, Congress passed the Infrastructure Investment and Jobs Act, a roughly $1 trillion package that reauthorized existing programs and provided more than $550 billion in new funding over the next five years to help … Read More
TrustBank helped the scholars of Positive Paths get 2022 started off right at a recent “Ask Me Anything” event about finance and money management. Sandra Hudson, CEO Trust &Wealth … Read More
On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve System made a significant shift in monetary policy in response to rising inflation. The Committee accelerated the reduction of its bond-buying … Read More
Medicare premiums, deductibles, and coinsurance amounts change annually. Here's a look at some of the costs that will apply in 2022 if you're enrolled in Original Medicare Part A and Part B. … Read More
Many IRA and retirement plan limits are indexed for inflation each year. Although the amount you can contribute to IRAs remains the same in 2022, other key numbers will increase, including how much you … Read More
During your working years, you're accustomed to living on an income from your job. When you retire, the income from employment ends. Social Security provides a steady income, but it probably isn' … Read More
For those who are healthy, the odds are in favor of a long retirement. And because women live longer than men, on average, they may face higher lifetime health care costs and greater … Read More
The Social Security cost-of-living adjustment (COLA) for 2022 is 5.9%, the largest increase since 1983. The COLA applies to December 2021 benefits, payable in January 2022. The amount is based on the increase in the Consumer Price Index … Read More
According to the Consumer Financial Protection Bureau (CFPB), credit report errors more than doubled during the coronavirus pandemic. In addition, the CFPB found that many pandemic protections which were designed to help consumers, … Read More
Financing a college education with the least amount of debt involves putting together a variety of resources in the most favorable way for your family. It requires planning, savings discipline, an understanding of … Read More
HENRY is a catchy acronym for "high earner, not rich yet." It describes a demographic made up of young and often highly educated professionals with substantial incomes but little or no savings. HENRYs … Read More
Overview The year 2021 was one of extreme change. January saw the inauguration of President Joe Biden, but not before protesters sieged the United States Capitol. Despite the initial tumult, the year began with … Read More
After being largely dormant for the last decade, inflation roared back in 2021 due to various factors related to the pandemic and economic recovery. For perspective, it may be helpful to look at inflation … Read More
As families grow in size and overall wealth, a desire to "give back" often becomes a priority. Cultivating philanthropic values can help foster responsibility and a sense of purpose among both young and … Read More
Here are some things to consider as you weigh potential tax moves between now and the end of the year Here are some things to consider as you weigh potential tax moves between … Read More
The Markets (as of market close November 30, 2021) Stocks ended November generally lower, with only the Nasdaq able to eke out a gain. The Global Dow and the Russell 2000 each lost more than 4.25%. The … Read More
TrustBank’s long time valued employee, Marie Fotino, experienced her retirement party in style! Friends, clients, and employees watched with awe, as Marie’s caricature was drawn by artist Gary Drysdale. … Read More
TrustBank sponsored the exciting Wine & Wishes, an event hosted by Make-A-Wish. The late and famous author Clive Cussler owned a burgeoning collection of cars, which wife Janet Cussler … Read More
TrustBank’s commitment to giving back and supporting the communities that we serve has provided 100 $25.00 gift cards to Seniors in Sun Lakes to make their holiday brighter. Neighbors Who Care offers the … Read More
Vice President & Senior Relationship Manager Aaron Mascarella discusses how TrustBank works with clients to … Read More
Jennifer Higgins, Vice President, Senior Relationship Manager discusses the lending solutions that TrustBank offers … Read More
