Blog

Trost Financial Adds New Client Services Coordinator

As of March 15, 2020, Toni Kriley has joined Trost Financial as Client Services Coordinator. Toni will be supporting the firm with a focus on our client relationships. We have been fortunate to know Toni for several years and are excited to have her join our growing team. Toni has worked in customer relations for her…

Read More

7 Tax Tips That Could Save You Money

Below are seven tax tips which may help to lower your taxes and save money when putting together your tax return. Also, be sure to talk to your accountant about the new tax-filing deadline of July 15, 2020.   1. Contributions to Simplified-Employed Pension (SEP) Accounts A SEP IRA is a retirement savings plan established…

Read More

Common Market Questions Answered

We’ve been receiving loads of great questions from our clients related to the current market status and what’s to come. Below is a list of the common questions that have come our way, with our responses. If you have additional questions, do not hesitate to contact us. Our team is available to you seven days…

Read More

Ways to Address Tax Savings Through Retirement Plans

Tips for Business Owners   There is a lot of volatility in the markets right now and you may be asking, “What can I do to take advantage?” There are several ways, as a business owner, that you may reduce your taxable income. One of these strategies is through the implementation of retirement plans. Below…

Read More

Credit Education Month: 7 Tips for a Better Credit Score

March is Credit Education Month, a great time to make sure you’re taking the right steps to improve your credit score. What are the benefits of a good credit score? There’s a ton; Lower interest rates on credit cards and loans, better chance for credit card and loan approval, more negotiating power for interest rates,…

Read More

Coronavirus Impact on Markets Continues | February 28, 2020

February 28, 2020 Dear Valued Investor: “The stock market takes an escalator up, and an elevator down.” Classic Wall Street saying. The last week has sure felt like taking an express elevator down, as the end of February brought a historic stock market sell-off, with the S&P 500 Index moving from an all-time high to…

Read More

Get To Know: Jim Watson

February 28, 2020, is a very special day. It’s Jim Watson’s birthday! Jim joined the Trost Financial team in 2019 as the newly-appointed Vice President. Jim’s focus is on creating lifelong relationships with clients and supporting the company’s mission in guiding individuals toward financial independence and personal fulfillment. In case you haven’t had a chance…

Read More

Maximize Retirement Savings After Passing of SECURE Act

New legislation was passed, called the SECURE Act. Are you aware that part of the legislation states that inherited IRAs need to paid out over 10 years instead of being stretched over a lifetime, as it stood prior to the law change? This means that you could have spent up to 40 years saving money…

Read More

The SECURE Act 2020: What You Should Know

This month, both the House of Representatives and the Senate passed the SECURE Act, and it’s been signed into law. The SECURE Act — or the Setting Every Community Up for Retirement Enhancement — offers small business owners a number of additional tax incentives for starting a retirement plan and seeks to make it less costly to…

Read More

Using Technology to Keep your Financial Planning on Track

January 6, 2020 is officially National Technology Day, dedicated to recognizing technological achievements and to look to the future of technology. When it comes to your financial plan, technology should play a major role. Below we’ve outlined a few “tech tips” to help support your financial goals. Putting these tips into play can help get you…

Read More