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Knox Financial Services 2024 Events

Knox Financial Services 2024 Events

01/02/2024:  Knox Financial Services announces events for 2024!

We hope you are able to join us for the coming events.   

Download our Calendar.

We Look Forward! to seeing you in 2024!


"It is good to have an end to journey towards; but it is the journey that matters, in the end"  -  Ursula K. Le Guin 


Events

IRS Changes Mileage Rates for 2024

12/20/2023:  |  Beginning 01/01/2024, the IRS is increasing the optional standard mileage rate for 2024:

$0.67 per mile for business us

$0.21 per mile for medical or moving purposes for activity duty members of the Armed Forces

$0.14 per mile in service of charitable organizations.

These rates apply to electric, hybrid, gasoline and diesel powered vehicles.  Taxpayers may also calculate the actual cost of using their vehicle rather than using the standard mileage rates.  Ask your tax professional which is most suitable for you. 

These rates are for 2024 tax returns that will be filed in 2025.


Jason & Amber Knox attend Lincoln Investment Retirement Strategies Symposium

11/15/2023:  |  Downer's Grove, Illinois:  Jason and Amber attended Lincoln Investment's Retirement Strategies Symposium regional meeting.   Topics included:

  • Market Opportunities
  • Identifying & Solving Income Gaps with Financial Planning
  • How the SECURE Act impacts IRA beneficiaries
  • Retirement Blind Spots:  Lessons from Behavioral Finance
  • Ways to Maximize Retirement Outcomes with Extended Care
  • Retirement Plan Capabilities in the Small Business Market

A great opportunity to learn of recent regulatory changes, best practices, and a chance to interact with our advisor peers.


Accelerate Your Charitable Giving With A Match From Knox Financial Services

Accelerate Your Charitable Giving With A Match From Knox Financial Services

Amber and Jason are committed to our community and helping those in need.  We have made the decision to expand our efforts.  As we visit with clients, we hear about many charities we wish to support and perhaps you will also wish to support.

A reminder of our donation matching program. 

We believe that matching your charitable donations (maximum $1,000 per month) will have meaningful impact on the charity's mission, create awareness, and perhaps inspire others.  The charity will benefit from our collaborative donation because of you, as the donation will be in honor of our clients.

Giving back to the community is part of both how Amber and Jason choose to live, as well as part of our team culture.  Our entire team is committed to helping those in need.   

Learn more about Knox Financial Services Charitable Match Program

Social Security and Supplement Security Income (SSI) benefits will increase 3.2% in 2024

10/30/2023:   Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase 3.2 percent in 2024.

The 3.2 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 66 million Social Security beneficiaries in January 2024. Increased payments to approximately 7.5 million SSI recipients will begin on December 29, 2023. (Note: some people receive both Social Security and SSI benefits)

Sadly, some use these notifications to obtain confidential information from the elderly.  Please note:

  • The cost of living adjustment (COLA) is automatic and does not require activation.
  • You don’t have to be receiving Social Security benefits in order to receive the COLA.
  • Anyone who turned 62 or older in 2023 will receive the COLA.

The maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $168,600.

The earnings limit for workers who are younger than "full" retirement age (see Full Retirement Age Chart) will increase to $22,320. (Social Security deducts $1 from benefits for each $2 earned over $22,320.)

The earnings limit for people reaching their “full” retirement age in 2024 will increase to $59,520. (Social Security deducts $1 from benefits for each $3 earned over $59,520 until the month the worker turns “full” retirement age.)

There is no limit on earnings for workers who are "full" retirement age or older for the entire year.

If you have questions, please contact us.

To see the full release, visit: https://www.ssa.gov/cola/

LEARN, Our Monthly Education Series Starts In September!!!

LEARN, Our Monthly Education Series Starts In September!!!

08/28/2023:  At Knox Financial Services, we believe knowledge leads to better outcomes.  Presenting information may spark your interest, answer a question you may have, or start a conversation.

Every other month on the third Wednesday at 5:15pm CST, we present information on various financial topics, including financial planning, estate planning, saving for various goals, gifting, investment strategies, goal planning, and retirement strategies.  In addition, we may present topics that are not financially related.

LEARN sessions are planned to be 20-25 minutes.  Questions may be asked at the session, or to maintain confidentiality on specific questions, please direct follow-up questions to your Advisor. 

If the topic is outside our of expertise, we invite experts in the topic to present information we believe to be useful.   

You may attend in person at either our Decorah or West Union office location, via online meeting, or request a replay be sent to you via email.   



LEARN Education Sessions

Our Phone System Is Now Easier to Use!  -  We heard you!

08/28/2023:   Call us at 1-877-566-9468.  

Press 1 to speak with the next available representative, or 2 to leave a message.  

You may also connect to Lincoln Investment by pressing 8 for urgent trade requests, or obtain our contact details by pressing 9.

When you leave a message, our team receives immediate notification of the message.

We appreciate the feedback on our phone system and wish to make it as easy as possible to connect.

Market Insights and Economic Updates

08/28/2023:   We seek to provide information that is useful to you.

  • Monthly Market Insights is our video recap of the prior month market and economy activity.  
  • Economic and Market Resources are printed documents updated monthly.    
  • Video of the month covers various financial and lifestyle topics.   
  • Knox Financial Minute is our monthly financial topics print newsletter.
  • Happenings is updated on an ongoing basis.
  • Retirement Insights, our new electronic newsletter, is sent bi-monthly via email.


Each month, we will send one email notification when Resources and Financial Minute are updated, instead of separate emails.  Our Market Insights and Video of the Month notifications are sent when the video is published.  Retirement Insights is sent to your email directly.  A reminder for Happenings is sent once per month.

Our Weekly Economic Insights is no longer published as of 8/21/2023.  The weekly series overlapped much of the information provided in our Insights video and Financial Minute newsletter.  


Second Saturday Appointments Now Available

08/28/2023:  We know that life is busy!  On the second Saturday of each month, we will be available for appointments.   We hope this enhancement helps those with busy work or travel schedules.

Please contact the Knox Financial Services Team by calling 1-877-566-9468, option 1; email service@knoxfin.com; text 563-412-4770 or schedule your appointment via the link below: 

Our hours are:

Decorah

By Appointment and: 

  • Monday            8:00 AM to 5:00 PM
  • Tuesday           8:00 AM to 5:00 PM
  • Wednesday     8:00 AM to 5:00 PM
  • Thursday         8:00 AM to 4:00 PM
  • Friday              8:00 AM to 3:00 PM

West Union

By Appointment and: 

  • Monday           8:00 AM to 5:00 PM
  • Tuesday          8:00 AM to 5:00 PM
  • Wednesday    8:00 AM to 5:00 PM
  • Thursday        8:00 AM to 4:00 PM
  • Friday             8:00 AM to 3:00 PM
  • Saturday --on the second Saturday of each month, 9:00am - 4:00pm.
Schedule Your Appointment

Our Assist Client Service Team Is Here To Help

08/28/2023: Have a question?  Our Client Service Team is here to help.  

Please contact the Knox Financial Services Team by calling 1-877-566-9468, option 1; email service@knoxfin.com; text 563-412-4770 or initiate your request(s) below: 

I wish to....
So Long Bob Cogan

So Long Bob Cogan

Robert Cogan passed away on June 20, 2023 while fishing, a favorite pastime.

Bob was instrumental in helping us form Knox Financial Services, a great long-time consultant and amazing friend.  Our lives are better for having known Bob.

Mr. Cogan was the managing principal of Strategy B4 Tactics, a financial services consulting firm.  Mr. Cogan had over four decades in the financial industry and later specialized in transition/succession planning, converting strategic plans into goals, and consulting and coaching to help clients achieve those goals. His focus was on a team approach and instilling the importance of each team member’s contributions.  

Mr. Cogan held CLU and ChFC designations and started his career as a financial advisor, becoming an associate branch manager before advancing to Vice President of Marketing, then CEO and Vice Chairman of Capital Analysts Incorporated, an independent broker/dealer and Registered Investment Advisory firm.  He served as chairman of the B/D division of the IAFP (the predecessor of the Financial Planning Association) and is a founding board member of the Financial Services Institute.  He also served two terms on the NASD (predecessor of FINRA) insurance and independent distribution committee.

Bob was a great friend, mentor, and had an amazing ability to inspire us to seek to be continually better at all that we do.  We will miss our friend until we meet again.   

Lincoln Investment Invites Jason Knox to Participate on Technology Advisory Board (TAB)

June 9, 2023 |  Lincoln Investment senior executives invited Jason Knox, because of his leadership and understanding of Advisor Technology, to be a member of the Lincoln Investment Technology Advisory Board.  

Lincoln Investment's Technology Advisor Board (TAB) shall advise and support Lincoln Technology through engaging with Lincoln’s IT Executive management to assist in: providing input into the strategic direction of Lincoln’s IT;  educating Lincoln IT on the technology needs of the Lincoln Advisor;  support technology implementations by providing input during discovery phases of the project;  assisting in the prioritization of technology Initiatives;  and providing feedback on new Technology prior to its release to the field.

The goals of Lincoln’s Technology Advisor Board are:  to foster collaboration through information and knowledge sharing;  to hold Lincoln Technology accountable for the success of technology implementations through visibility into implementation plans;  to support prioritization of IT projects the support the Lincoln Advisor;  and to encourage continuous improvement of technology service performance and strategic use of technology by Lincoln Advisors.

This valuable input from Advisors will help position Lincoln Technology to deliver business value by aligning Technology initiatives and operations to the current and future strategic objectives of the Lincoln Advisor.

Jason Knox commented: "I believe technology is critical to continue to offer our clients more value, in the ways we manage their assets, interact with them, provide innovative solutions for their needs, and deliver the most important information to them.  While nothing may replace the personal interaction we enjoy with our clients, technology allows us to more efficiently do so.  I appreciate Lincoln Investment recognizing our efforts and including me on their technology council.  Knox Financial Services has, since our inception, made the decision to invest heavily in technology, continues to innovate our technology offerings, while always maintaining a focus on our personal interaction with clients.  I believe in my heart this focus of personal interaction with clients while leaving administrative tasks to technology, will lead to better client outcomes."   -JK


Secure Act 2.0 Expands Retirement Plan Features

December 23, 2022  |  Washington, DC: “Secure 2.0” is part of the omnibus appropriations bill approved by the Senate on Thursday and the House on Friday.  The bill has passed the House and Senate, and is awaiting signature by the President.  Major provisions of the bill impacting retirement plans are:

  • Automatic enrollment for employee 401(k) plans.  
  • Required Minimum Distributions would increase to age 73 in 2023, and then to age 76 in 2033.  The penalty for failing to take RMDS would be reduced from 50% to 25%, and in some cases, 10%.
  • Larger catch-up contributions:  Under current law, you may add an additional $6,500 to your 401(k) plan after at age 50 and after.   Secure 2.0 would increase the limit to $10,000 starting in 2025 for those over age 60.  These amounts will be indexed for inflation.  Catch-up contributions will be  subject to Roth treatment (not-pretax) if you earn $145,000 or more.
  • Employers potentially could make contributions for employees who are paying student loans instead of saving for retirement.
  • Retirement accounts may be subject to up to a $1,000 withdrawal provision from emergency expenses, without the 10% penalty tax prior to age 59 1/2.
  • Part-time employees who work between 500 and 900 hours for two consecutive years would  be eligible for the company 401(k).
  • A federal matching contribution for lower-income retirement savers of up to $1,000, replacing the existing tax credit.
  • Roth 401(k) plans will eliminate the Required Minimum Distribution and become like Roth IRA accounts, where no Required Minimum Distribution is required.
  • Rollovers from 529 plans to Roth IRA accounts may be lowered, within certain limits.
  • Tax credits for business that allow military spouses to enroll in their retirement plan and qualify for immediate vesting.

As more details become available, we will keep you informed.  

  

Text Messages -  Another Way to Communicate

November 3, 2022  |  Decorah and West Union, IA:  Some prefer a phone call, some prefer email and some prefer text messages.   Our text number is 563-412-4770.

  • If you wish to speak with a team member, please call 1-877-566-9468 or 563-412-4770.
  • If you wish to text, please sms 563-412-4770. 
  • If you prefer email, send messages to service@knoxfin.com
  • Our Assistance Center also provides ways to initiate many activities and is available 24 hours per day, 7 days per week.

FINRA rule 4511 requires preservation of text messages on our company's books and records.   Text messages sent to our other phone numbers are not monitored - use 563-412-4770 to text us.

If you have questions or comments about our text message system, please contact Jason Knox at 1-877-566-9468, xt 444; via text at 563-412-4770; or jknox@knoxfin.com

Thank you for updating your address book.


Jason and Amber Knox attend Lincoln Investment 2022 Wealth Management Forum 

October 15 - October 19, 2022  |  Philadelphia, PA:  Jason and Amber Knox attended the annual Lincoln Investment Wealth Management Forum.  A tremendous opportunity to interact with our industry leading financial professional peers, keynote speakers, industry leaders, and Lincoln Investment staff.  Ed Forst presented the state of Lincoln Investment, the executive team reviewed the ongoing initiatives at Lincoln, regulatory updates were covered by Dale Brown from FSI, and Dr. David Kelly provided an Economic Update.   Twenty-four breakout sessions were offered to learn more about specific topics in the industry.   Keynote speakers included Ronan Tynan and Christine Gaze - Purpose Consulting Group.  We learned about the amazing services provided by Caron Treatment Centers, and cognitive resilience with Dr. Ben Sorenson.  We even enjoyed a version of Family Feud between advisors and home office staff - diplomacy prevents me from revealing the winner!   We really enjoyed our time collectively sharing best practices with our advisor peers and friends, dedicated professionals who provide financial solutions for clients across the nation.   We are honored to be part of such an amazing extended family.

A huge "Thank You!!!" to Steffani for minding the office while we attended.  

#WMF2022

Knox Financial Services Client Communications

09/06/2022 | We seek to provide information that is useful to you.

Knox Notes:  Jason shares his thoughts to consider on the economy, markets, finances, and other topics.  Published each month on the first Tuesday, with an email reminder.

Monthly Market Insights:  Our brief video with recent market results and updates.  Published the first week of the month, with an email reminder.

Video of the Month:  Another brief video with financial planning and lifestyle topics.  Published on or about the third week of the month, with an email reminder.

Economic Updates:  Our written weekly and monthly Economic Updates newsletter.   We provide email notification each month about this newsletter resource.  

Knox Financial Minute Newsletter:  Our written monthly newsletter on select financial and planning topics.  Published monthly on the 3rd Tuesday with email reminder.   Our Knox Financial Minutes are heard on 104.7 KVIK and 103.5 KNEI, with audio recordings available on our site.

Knox Financial Happenings:  See what's happening at Knox Financial, with updates about services we provide, to our team, activities and more.  Published monthly on the 4th Tuesday, with an email reminder.

We also post various topics on finances, investing, and lifestyle on Facebook and LinkedIn .   Like us on Facebook or follow us on LinkedIn to receive notifications. 

Prefer to receive notifications via text instead of email?  Send us a message at 563-412-4770 to request text notification.

 

Choose eDelivery For Your Lincoln Investment Statements

Choose eDelivery For Your Lincoln Investment Statements

07/11/2022  | Lincoln Investment account owners have the option to receive their statements and regulatory documents via postal mail or eDelivery.

With eDelivery, you receive notification a new document is available in your Lincoln Investment Investor Website.  The statement is not included in the email for security, the email is a notification a new statement is available in your website.  With eDelivery, you receive your statements days sooner than postal mail.  Your website also stores historical statements for later reference.

Regulatory documents, like prospectuses and disclosures may be sent via eDelivery as well.  Reduce the mailbox clutter!

We seek to provide information about your accounts that is useful to you.  We provide services that allow you to access the information about your account that is most important to you:  

  • With your Personal Financial Website, you may elect to have a weekly email sent to you with updates about your account.  Login anytime to see your account balances and history, and so much more!
  • With your Wealth Reporting website, additional information about your account is available at any time, including performance, asset allocation, and benchmark comparisons.

Our Client Service Team will work with you to provide the service, or combination of services that provide you with timely information about your account.  



Lincoln Investment Recognizes Jason Knox as Nick's Roundtable Qualifying Member

May 30 - June 3, 2022  |  Vail, CO:  Lincoln Investment recognized Jason Knox as a qualifying member of their top recognition club, Nick's Round Table. 

Lincoln Investment recognizes financial advisors who have achieved the firm's annual qualifying criteria based on overall production, new clients, advisory accounts and assets under management. Lincoln Investment honors them for their dedication to helping people retire well by presenting them with these awards.  

The Nick's Roundtable gathering includes meeting with Lincoln Investment's President, top leadership, investment analysts, other Lincoln Investment staff, as well as opportunities to share information with other top advisors.   Jason commented "Lincoln Investment is a great partner in providing exceptional resources and technology that help us better serve our clients.  I have enjoyed our relationship with Lincoln Investment since August, 2010, and look forward to the future."   

 Awards are not indicative of future performance. Working with an award winner is no guarantee of future financial success. Individuals should conduct their own evaluation.

Congratulations Nick!

Congratulations Nick!

May 15, 2022  |  West Union, IA: Nick completed his senior year at North Fayette Valley!   Nick plans to attend Upper Iowa University in the fall and pursue sports therapy.  We are proud of the many accomplishments Nick has achieved and the fine young man he is.  

“You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose. You're on your own. And you know what you know. And YOU are the one who'll decide where to go...”


― Dr. Seuss, Oh, the Places You'll Go



Our Assistance Center Offers More Ways To Communicate, Initiate Requests And Includes Online Resources

05/04/2022  |  The Knox Financial Services Client Service Team is available during our regular business hours by calling 1-877-566-9468, option 1; email service@knoxfin.com; or text 563-412-4770 and are ready to assist with your requests.

Our Assistance Center provides tools for you to to initiate many requests, such as providing us with updates, send messages or files, schedule an appointment, sign up for newsletters, use our online planner and more!  Our Assistance Center is open 24/7 for your needs.

We take pride in our personal service and having our Team available for our Clients requests.  We also recognize that some prefer to do business electronically, utilize the convenience of online requests, or start their requests at their own desired time, which may not match our office hours.   You may now call, email, text, or get started online, whichever is most convenient for you.

As always, if you have questions, please call 1-877-566-9468 and speak with a member of our Client Service Team, email service@knoxfin.com; text 563-412-4770, or visit our Assistance Center.

Knox Financial Services offers Cardiopulmonary Resuscitation (CPR) Training Class

03/05/2022  |  Knox Financial Services hosted CPR training for 18 clients and guests.  All received their CPR Certification after completing the course.   Thank you to all that attended.  We really enjoyed our day with you.

We hope you never have a need to use CPR.  If you do, we hope our CPR training will give you the guidance, knowledge, and confidence to help someone. 

We are again offering a certified Instructor led training class on Saturday, November 5, 2022.  By completing the class and meeting the requirements, as determined by the Instructor, you are eligible for the Certificate of Completion.  

Knox Financial Services is assuming the cost of the CPR training and certification for our clients and their guests that register and attend the class.  To learn more, or to register, visit our CPR Training page. 

Lincoln Investment Recognizes Jason Knox as Hall of Fame Qualifying Member

December 8-12, 2021  |  Marco Island, FL:  Lincoln Investment recognized Jason Knox as a member of their Hall of Fame.   Qualifying members achieved Lincoln Investment's top recognition clubs, Nick's Round Table or President's Club, for ten years.  Jason achieved the Hall of Fame in the shortest time possible.  These awards recognize those Lincoln Investment financial advisors who have achieved the firm's annual qualifying criteria based on overall production, new clients, advisory accounts and assets. Lincoln Investment honors them for their dedication to helping people retire well by presenting them with these awards.  

Awards are not indicative of future performance. Working with an award winner is no guarantee of future financial success. Individuals should conduct their own evaluation.

Our Process
Our History
Our Values
Our Resources

Happy Thanksgiving!!!

November 22, 2021  |  We gather on Thanksgiving to be thankful for what we have, for the family we love, the friends we cherish and the blessing that will come.  May this day be a reminder of the wonderful things in life.  Happy Thanksgiving from all of us at Knox Financial Services.

Introducing your Personal File Safe - A Safe Place For Your Important Documents 

October 14, 2021  |  With you so many important documents and files, our financial lives and all of the paperwork often becomes complex.  Knox Financial Services provides our clients with their own secure online folder as a place to store your files.  This provides an easily organized way to backup your files and documents, and allows you to to access them at any time, on any device, with your unique login. 

Our Personal File Safe file system may be a place to store copies of your will, power of attorney, deeds, titles, vital records, tax-returns, pictures, or other files and documents that are important to you.  You may upload your files directly from your computer or device.  If you have documents in paper form, please contact our Client Service Team to arrange a time to scan your files at one of our office locations.  We will upload these files to your Personal File Safe.

Visit Personal File Safe for more information.

Please Pardon our Progress - West Union

October 18, 2021  | West Union, IA:  Repaving our of parking lot is completed!  Thank you for your cooperation.  

Our Process
Our History
Our Values
Our Resources

Thank You for your Cooperation with our Sidewalk Project

September 7, 2021  |  West Union:  Thank you for your cooperation while we improved our office entrance.   We appreciate your willingness to work around our front door being closed while the sidewalk was replaced.  

The parking lot replacement is scheduled for October.  We will notify you of the planned dates, so we may schedule around our parking lot being unavailable.  Thank you for being patient with our progress. 

Our Process
Our Values
Our History
Our Resources

Share your documents securely with Knox Financial Services 

July 7, 2021  |  Decorah, IA & West Union, IA: Knox Financial offers a secure tool to share your files and documents with our team.   Visit Knox Financial File Share to upload your files and documents directly to our Team.   

Virtual Tour of our West Union location

July 7, 2021  | West Union, IA: Visit Knox Financial Services West Union Office to see a virtual tour of our West Union, IA location. 

Knox Financial Services SXS Journey 

June 26, 2021  |  Northeast Iowa.  Clients and guests enjoyed our Spring 2021 SXS outing. The day included a scenic tour of northeast Iowa, some rain, some sun, a birthday celebration, amazing off-road tours, and a delicious meal.  In lieu of an entry fee, donations were made to local Fire Departments - helping great organizations while having fun!  Thank you to all that attended, we really enjoyed our amazing day with you. 

Our next scheduled SXS ride is Saturday, September 11, 2021.  This event will start at our West Union office location.


See Pictures From Our SXS Journey

Lincoln Investment Recognizes Jason Knox as Hall of Fame Qualifying Member

February 2, 2021  |  Fort Washington, PA:   Lincoln Investment recognized Jason Knox as a member of their Hall of Fame.   Qualifying members achieved Lincoln Investment's top recognition clubs, Nick's Round Table or President's Club, for ten years.  These awards recognize those Lincoln Investment financial advisors who have achieved the firm's annual qualifying criteria based on overall production, new clients, advisory accounts and assets. Lincoln Investment honors them for their dedication to helping people retire well by presenting them with these awards.  

Awards are not indicative of future performance. Working with an award winner is no guarantee of future financial success. Individuals should conduct their own evaluation.

Knox Financial Says Goodbye to Our Little Buddy, Tucker.

Knox Financial Says Goodbye to Our Little Buddy, Tucker.

May 18, 2020  |  Madison, WI:  Tucker passed away peacefully after a brief illness.  Tucker was our canine Greeter and Chief Fun Officer (CFO) from 2009 to 2020.  Tucker assisted in the establishment of our Decorah and West Union office locations.  When Tucker visited our offices, he would greet our guests, guard the door, enjoy resting in the sun, and alert our team to anyone or anything that passed by.  He would also remind our team when it was time for ear scratches or a treat.  Tucker always brought smiles to our faces.  Dearly missed, always loved, forever in our hearts.  We love you, Tucker! 

Visit Tucker's Memorial Page