PrimeTrust Advisors, Author at PrimeTRUST AdvisorsPrimeTRUST Advisors

Posted by PrimeTrust Advisors | October 4, 2024

Is Social Security Broken?

Social Security: A Crisis? Sure. A Catastrophe? Not So Fast.
Social Security has long been the subject of countless headlines, op-eds, and heated debates – and with the release of the this year’s edition of the annual social security trustees report – the debate is rekindled; all of which seem to suggest that it’s on the brink of total collapse. But before we all start planning our retirement around backyard vegetable gardens and barter systems, let’s take a closer look at what’s really going on—and why it might not be as dire as it sounds.

Posted by PrimeTrust Advisors | August 12, 2024

How the Election Could Affect Your Finances: What You Need to Do

Presidential Election 2024 image

Posted by PrimeTrust Advisors | July 22, 2024

What to do with an Old 401(k)?

Exploring Your Options By: Chip and Jamie Hunt If you have money sitting in an old retirement account or are just starting a new job, it may be time to take a fresh look at your options for what to do with your retirement funds. One big advantage of a 401(k) plan is the portability …More

Posted by PrimeTrust Advisors | June 10, 2024

Your 401(k) Checkup

Since your 401(k) plan is not a “set it” and “forget it” program, it’s a good idea to conduct a regular checkup to assess the health of your retirement accounts.

Posted by PrimeTrust Advisors | May 1, 2024

Rating 401(k) Service Providers

By: Chip Hunt 401(k) Plan Committee members: As we approach mid-year and you consider the state of your 401(k) plan, you may find yourself at a crossroad – contemplating whether to just tolerate continued poor service, or to take the necessary steps to change your “bundled” – all-in-one – service provider. But who wants to …More

Posted by PrimeTrust Advisors | March 25, 2024

It’s Tax Season: Looking at the Tax Advantages of Roth Accounts

As tax season rolls around again, it’s convenient reminder to consider the most tax-advantageous investment vehicles available. One often-overlooked option is the Roth account, which offers unique tax benefits that can significantly impact your financial future.

Posted by PrimeTrust Advisors | February 9, 2024

The Power of Intelligent Decision-Making In Financial Planning

How can two individuals, identical in age and income, with matching financial resources—IRAs, 401(k), pension, Social Security, investments, and more experience vastly different outcomes in their retirement? The answer lies in their decision-making and the methods used to arrive at those decision

Posted by PrimeTrust Advisors | January 26, 2024

Seeking Fiduciary Protections

Two Strategies for Protecting Yourself as an ERISA Fiduciary Background If you are a fiduciary of a 401(k) plan, here’s a thought to seriously ponder. By rule, your default position as an ERISA fiduciary is that YOU are personally liable for claims of investment losses incurred by participants for their investment decisions… That is, UNLESS …More

Posted by PrimeTrust Advisors | January 11, 2024

Six Financial Must-Dos for 2024

By: Chip & Jamie Hunt This year make your financial health a top priority. Use this checklist to serve as your guide to an organized approach for assessing and monitoring your financial security. It’s a resolution that not only promotes fiscal responsibility for you and your family, but also empowers you to make informed decisions …More

Posted by PrimeTrust Advisors | November 22, 2023

Market Recap Q3 2023 (Video)

By Chip Hunt Chip Hunt summarizes the third quarter of 2023. About Chip Chip Hunt is the founder and President of PrimeTRUST Advisors, an investment advisory firm dedicated to helping individuals and institutions with their retirement plan. His desire to embrace the true fiduciary role (working for the best interest of others) motivated him to …More