Retirement Announcement

Honoring David K. Ross The Trust Company of Kansas (TCK) is pleased to announce the retirement of David K. Ross, M.D. David joined TCK in January 2012 as Vice President & Trust Officer. He has been a shareholder since the company’s inception in 1990, and has served on the Board of Directors since 2011. A […]

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Year-End Charitable Giving

With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable giving could potentially enhance your ability to give and should […]

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The Jobs Recovery: More Work to Be Done

In April 2020, the U.S. economy lost an astonishing 20.8 million jobs, by far the largest loss recorded in a single month dating back to 1939. To put this in perspective, the second largest monthly job loss was about 2 million in September 1945, when defense industries reduced production at the end of World War […]

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Changing My Role, Not Quite Ready for Retirement

“I truly care about our employees, this amazing company, and its clients.” A Message From Stephen A. English… “I have been blessed with a 50-year career in the trust business, especially the past 30 years leading The Trust Company of Kansas. I have witnessed many changes in the fiduciary world and take great pride in […]

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What Will You Pay for Medicare in 2021?

Medicare premiums, deductibles, and coinsurance amounts change annually. Here’s a look at some of the costs that will apply in 2021 if you’re enrolled in Original Medicare Part A and Part B. Medicare Part B premiums According to the Centers for Medicare & Medicaid Services (CMS), most people with Medicare who receive Social Security benefits […]

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New College Cost Data for 2020-2021 School Year

Every year, the College Board releases updated college cost data and trends in its annual report. Although costs can vary significantly depending on region of the country and college, the College Board publishes average cost figures, which are based on a survey of approximately 4,000 colleges across the country. Following are cost highlights for the […]

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IRA and Retirement Plan Limits for 2021

Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2021, other key numbers have increased. IRA contribution limits The maximum amount you can contribute to a traditional IRA or a Roth IRA in 2021 is $6,000 (or 100% of your earned income, if less), […]

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November 1 Begins Open Enrollment for Health Insurance Marketplaces

Beginning on November 1, 2020, individuals (including families) may apply for new health insurance, switch to a different health-care plan, or re-enroll in their current plan through a Health Insurance Marketplace under the Affordable Care Act (ACA). The open enrollment period for 2021 health coverage ends on December 15, 2020. If you don’t have health […]

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Medicare Open Enrollment for 2021 Begins October 15

he annual Medicare Open Enrollment Period is the time during which Medicare beneficiaries can make new choices and pick plans that work best for them. Each year, Medicare plan costs and coverage typically change. In addition, your health-care needs may have changed over the past year. The Open Enrollment Period — which begins on October […]

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FAFSA for 2021-2022 Academic Year Opens on October 1

The FAFSA (Free Application for Federal Student Aid) for the 2021-2022 year opens on October 1, 2020. The FAFSA is a prerequisite for federal student loans, grants, and work-study. In addition, colleges typically require the FAFSA before distributing their own need-based aid and, in some cases, merit-based aid. Students must submit the FAFSA every year […]

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