News Category: Financial Advisory Services

Image of a CEO and his daughter, who will soon take over the business
February 10, 2025

Succeeding at Business Succession

Family businesses account for 54% of private sector Gross Domestic Product (GDP), yet 43% of family businesses have no formal succession plan. While those numbers may shock you, it is not surprising that many small business owners are consumed by … Read more…

Image of Matt Adams, CFP, CLU, CHFC, Jones & Roth
Image of stacks of coins, with upwards-direction graphs overlaid
January 29, 2025

The Sequence of Returns

What exactly is the “sequence of returns”? The phrase describes the yearly variation in an investment portfolio’s rate of return. But what kind of impact do these deviations from the average return have on a portfolio’s final value? Let’s take … Read more…

Image of Bryan Decker, CFP
A trio of women, outdoors, with their backs turned to us
November 19, 2024

Helpful Retirement Strategies for Women

Preparing for retirement can look a little different for women than it does for men. Although stereotypes are changing, women are still more likely to serve as caretakers than men are, meaning they may accumulate less income and benefits due … Read more…

Image of Colleen Wallace, CPA, CKA
Image of people getting financial advice
October 18, 2024

IRA Withdrawals that Escape the 10% Tax Penalty

The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other than retirement.1 Yet, … Read more…

Image of Donavan Miller, CFP®
Image of a small toy house on top of a foundation of dollars and coins
September 19, 2024

Building a Solid Financial Foundation

When you read about money matters, you may see the phrase, “getting your financial house in order.” What exactly does that mean? To some, when your financial “house is in order,” it means it is built on a solid foundation. … Read more…

Image of Donavan Miller, CFP®
Image of the top part of social security cards
September 13, 2024

Three Key Questions to Answer Before Taking Social Security

Social Security is a critical component of the retirement financial strategy for many Americans, so before you begin taking it, you should consider three important questions. The answers may affect whether you make the most of this retirement income source. … Read more…

Image of Monica Osborne, CPA/PFS, CKA, RICP
Image of a next with a white egg in it that says '401k'
August 23, 2024

Should You Borrow from Your 401(k)?

The average household with revolving credit card debt had a balance of $7,876 as of March 2023. For the average household carrying credit card debt, this will equate to an annual interest of $1,380. With the average credit card annual … Read more…

Photo of CPA Mark Reynolds
Image of people at a desk looking over estate documents
August 6, 2024

Critical Estate Documents

Financial Documents   Joint Ownership Durable Power of Attorney Living Trust What does it do? Enables you to own property jointly with another person Authorizes someone to handle legal and financial decisions if you become incapacitated Holds your belongings until … Read more…

Image of Matt Adams, CFP, CLU, CHFC, Jones & Roth
Image of a kid putting a coin into a piggy bank
July 30, 2024

Roth IRA for Kids

Small business owners may find it challenging to find ways to provide additional benefits to their children who work for the company. One often overlooked choice is including a Roth individual retirement account (IRA) as part of their compensation, a … Read more…

Image of Colleen Wallace, CPA, CKA
Image of a desk with blocks that say 'IRA' '401k' and 'ROTH'
July 26, 2024

Choosing a Retirement Plan that Fits Your Business

If you have yet to develop a retirement plan for your business, or if you’re not sure the plan you’ve chosen is the right one, here are some things to consider. How much can my business afford to contribute? The … Read more…

Image of Donavan Miller, CFP®
Broker Check