Financial Tips

Build a Contribution Cushion

Deciding how much to contribute each year can be tricky. This article provides practical guidance to help you get started.


Playing Catch Up

This article addresses current catch-up contribution limits on all retirement plans.


Required Retirement Plan Withdrawals

Did you know that you needed to begin withdrawing from your retirement fund at a certain age?


When Should You Roll Over a 401(k)

Odds are that at some point you will have the option of rolling over your 401k. Here are two reasons you should.


The information provided is not intended to be legal, tax, or financial advice or recommendations for any specific individual, business, or circumstance. TowneBank cannot guarantee that it is accurate, up to date, or appropriate for your situation. Financial calculators are provided for illustrative purposes only. You are encouraged to consult with a qualified attorney or financial advisor to understand how the law applies to your particular circumstances or for financial information specific to your personal or business situation.