Wealth Management
A good will or trust means your loved ones will be cared for after you’re no longer able. It gives instructions on how you want your assets handled, designates caregivers for your dependents, makes the legal process easier for your loved ones, and more. Your KTVAECU® Membership comes with a discount on estate planning services through Trust & Will!1 Wills start at $159.00, and trusts start at $399.20.
With Trust & Will:
- Securely create your estate plan with options available in all 50 states
- Get legally binding, customizable documents created by lawyers
- Get best-in-class, top-rated Member support available six days a week
- Complete your plan in as little as 30 minutes
- Experience a convenient, easy-to-use online platform
Tennessee Valley Asset Management Partners (TVAMP)2 is a trusted, local firm dedicated to helping our Members with financial planning and investment management. Rooted in Knoxville and keeping local values at their core, TVAMP puts our Members at the center of all they do. TVAMP can aid with:
- Managing your investment portfolio
- Retirement planning and retirement income strategies
- Organizing & consolidating your financial life
- Coordinating your estate plan with your attorney
- Insurance planning
- Tax planning with your accountant
- Designing a financial plan
Whether you’re a retiree looking for retirement income or a young professional starting your career, TVAMP can help. As an independent advisor, TVAMP provides advice on every aspect of your financial life without any sales pitches or ulterior motives.
Schedule a 15-minute intro call, and TVAMP advisors will be happy to arrange a meeting with you at your local branch, business, virtually, or their main office located in West Knoxville.
CERTIFICATE ACCOUNTS4
Certificate Accounts are a great way to build your savings. They’re a perfect place to store any money you don’t need to use right now, so you can let it earn dividends and grow over time. Certificate Accounts are also considered low-risk, so you can rest assured your funds stay safe while they grow. These accounts differ from regular savings accounts with:
- A fixed dividend rate
- A fixed term length that depends on your needs, ranging from 6 to 60 months
- A fixed date of withdrawal (maturity date)
Various options are available for Certificate Accounts, so you can choose the term and rate that works best for you!
EDUCATIONAL SAVINGS ACCOUNTS6
College or trade school costs can feel daunting, especially with tuition rising each year. It doesn’t have to be if you have the tools to start saving now for your child’s future!
An Educational Savings Account is a dividend-earning savings account for use on future education costs. Savings will be paid out on the child’s 18th birthday or their first day of college, whichever comes first, and the account must have remained open for at least three years prior to this date. If you withdraw any funds from an Educational Savings Account before this date, it will result in a penalty and the closing of the account.
You can open an Educational Savings Account over the phone or visit any of our branches!