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A Visit to the Pro Football Hall of Fame

This quarter we had a chance to film four episodes of The Financial QuarterbackSM
on-site at the Pro Football Hall of Fame in Canton, Ohio. The interview scenes with
President David Baker and Vice President of Development and Strategic Adventures,
Anne Graffice, were shot in the gallery of busts, and it was a truly unique experience.
We also learned quite a bit about the hall itself and its nomination process. For
example, at the first level of nomination anyone can get involved. Any fan may
nominate any player, coach or contributor who has been connected with pro
football simply by writing to the Pro Football Hall of Fame. The only restriction is
that a player and coach must have been retired at least five years before he can be
considered.

They’re also making a lot of progress on the construction of Johnson Controls Hall
of Fame Village which, when completed, is expected to be an $899 million-dollar
mixed-use development of the Pro Football Hall of Fame’s campus. It will be the firstever sports and entertainment “Smart City.”

In a “smart” city, technologies are connected within and across a secure digital
infrastructure, optimizing operations, reducing resource use, and producing
meaningful insights that increase productivity, comfort and safety for occupants.
Essentially, they’re going to build everything on a unified, intelligent network,
enabling more control and advanced automation of nearly everything there.
One amazing aspect of the Hall of Fame Village – and it will be the only place in the
world you can find something like this – will be the holographic theater, “A Game
for Life.” When completed, it will be an extraordinary cutting edge, multi-sensory
immersive theater that features holographic representations of Hall of Fame legends
like Joe Namath, George Halas, and Vince Lombardi.

Walking through the Hall of Fame Gallery and seeing the busts of the players who
have been inducted and enshrined is a pretty awesome experience. To be in the
presence of a living tribute to greatness and tradition is humbling.

When inducted, the selectees come to the hall and sit with their resident sculptor who
creates their particular bust - first by manually measuring, and then creating the bust
itself from scratch! And, since everybody’s different, no two busts are alike. It’s a part
of their unique legacy that these players leave for their fans.

All in all it was an incredible experience, and special thanks to President David Baker
and VP Anne Graffice, for opening their doors to Lineweaver Financial Group.

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5 Financial Resolution Mistakes to Avoid in 2025

Posted By Lineweaver Financial Group
December 19, 2024 Category: Finance, New Years, Resolution, Mistakes, 2025

As the year draws to a close, many of us begin reflecting on our goals for the upcoming year. Not surprisingly, financial resolutions often top the list. According to a 2024 study by the Pew Research Center, 61% of those who make resolutions include money or finances among their priorities. With this in mind, setting the right financial goals is key to starting the year on the right foot. To help you avoid common pitfalls, we’ve put together a list of five financial mistakes to steer clear of—ensuring your resolutions set you up to reach your financial goals. Not preparing for the unexpected Having an emergency fund is essential, especially in today’s uncertain economy. According to a 2024 Discover Personal Loans survey, 80% of Americans feel anxious about their finances, with many unprepared for events like job loss, unexpected expenses, or medical emergencies. Beyond an emergency fund, proper insurance is crucial to protect your financial plan. Review your life, disability, property, and casualty insurance to ensure you're covered. For retirees, long-term care is critical. According to the U.S. Department of Health and Human Services, 70% of people aged 65 or older are likely to need long-term care at some point. Lastly, if you own rental or vacation homes, an umbrella policy can provide extra protection. Not planning goals Not planning your financial goals is another mistake to avoid. According to a survey by Schwab, only 36% of Americans h

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Posted By Lineweaver Financial Group
December 10, 2024 Category: Market Commentary, Jobs, Market

This month we are focusing on the U.S. labor market.  While having cooled from its red-hot state, it has settled into a relatively healthy position. Following a month of hiring disruptions due to hurricanes and strikes, businesses added 227,000 jobs in November. However, the uneven nature of recent job growth has led many to question the true health of the labor market. Employment growth in 2024 has been concentrated in a few key sectors, primarily health care and government, which have contributed 41% and 21% of this year’s job gains, respectively. Healthcare’s hiring dominance seems less concerning as the sector is still addressing pandemic-related backlogs. However, employment growth dominated by the public sector, which tends to see increased hiring later in the economic cycle, may be viewed as a warning sign. That said, there are important nuances to consider. Government employment as a sector currently accounts for 14.7% of total payrolls. Of the 21% growth referenced above, 90% has come from state and local levels, which appears less troublesome. Moreover, the sector’s share of payrolls remains below its pre-pandemic (2014 – 2019) average of 15.3%, suggesting its recent outsized growth reflects the continued uneven normalization of the labor market post-pandemic. Outside of these two sectors, sluggish manufacturing activity has been a headwind. Still, some cyclical sectors, including construction, leisure, and transportation, have se

Tax-Friendly Ways to Give

Posted By Lineweaver Financial Group
December 10, 2024 Category: Tax

With the holidays right around the corner, it is a great time to explore tax-friendly ways to give money to loved ones or your favorite charities during the holiday season. The following are some great ways to transfer money to others before the end of the year: Qualified Charitable Distributions (QCDs) If charitable giving is already part of your financial plan, then qualified charitable distributions, or QCDs, are a great way to contribute to your favorite charities throughout the year. If you are 70 1/2, you can donate up to $105,000 to a charity directly from your IRA using a QCD in 2024. In 2025 this amount will expand to $108,000. By utilizing QCDs, the taxable portion of your RMD will be reduced dollar for dollar by the amount given to a charitable organization. This will reduce your federal and state taxes without having to itemize your deductions. Gifting and 529 Plans In 2024, individuals are allowed to gift up to $18,000 to another individual without having to report it to the IRS. By staying under the $18,000 limit, there will be no future tax implications for estate taxes. The $18,000 limitation is per gift to an individual, meaning you can make multiple gifts to different individuals before the end of the year as long as they are under the limitation. In 2025, the limitation per gift will increase to $19,000. Gifting to 529 plans is a great way to plan for future education expenses. Gifts to 529 plans are eligible for a state tax deduction. In 2024, Ohio

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Case studies are intended to illustrate the types of financial issues faced by actual clients. They should not be construed as a testimonial for or endorsement of Lineweaver Wealth Advisors. They do not represent the experience of any advisory client. Each client’s situation is different, and their goals may not always be achieved. Lineweaver Wealth Advisors, LLC, is not engaged in the practice of law or accounting. Tax information provided is general in nature and should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Tax rules and regulations are subject to change at any time.
Crain's Cleveland Business is a print and online newspaper delivering local business news and information to Cleveland's business executives, which is published by Crain Communications Inc. The Crain's 2024 list may employ different methodology than described above for similar designations granted in other years. No clients were consulted and no fees were paid to determine the winners; the award is based on assets under management. Neither the participating candidates nor their employees pay a fee in exchange for inclusion on Crain's 2024 List. However, recipients may pay a fee to Crain, an affiliate, or an unaffiliated third party in exchange for plaques or article reprints commemorating the designation. The publication should not be construed by a client or prospective client as a guarantee that they will experience a certain level of results if the recipient is engaged, or continues to be engaged, to provide investment advisory services; and should not be construed as a current or past endorsement of the recipient by any of its clients. Lineweaver Wealth Advisors was ranked in the Top 25 of Crain’s of Cleveland’s annual list of Registered Investment Advisors. The award is based on assets under management in the years 2024. In 2023, Lineweaver Wealth Advisors was ranked in the Top 15 of Crain’s of Cleveland’s annual list of Registered Investment Advisors. The award is based on assets under management in the years 2023. In 2021 and 2022, Lineweaver Wealth Advisors was ranked in the Top 20 of Crain’s of Cleveland’s annual list of Registered Investment Advisors. The award is based on assets under management in the years 2021 and 2022 respectively.
Nominees in the Top 100 Magazine selections are not required to pay a fee for consideration. Individuals appearing in half and full page editorials, have paid a fee for additional exposure. Candidates for consideration are selected utilizing proprietary software. Top 100 Magazine analyzes the results before making their final selections. Financial Professionals and/or wealth managers must also met the following criteria; 1. Be registered with the SEC as a registered investment advisor or a registered investment advisor representative; 2. Have no more than 1 filed complaint with a regulatory agency; 3.Never been convicted of a felony. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the Financial Professional by any client nor are they representative of any one client's evaluation. Participants for the Top 100 in Finance appearance were reviewed in 2022, and recognized in March of 2023. Lineweaver Financial Group appeared in Money magazine in 2015, Fortune Magazine in 2016, WTAM 1100 in 2018, Forbes in 2020, Channel 5 in 2020, and Top 100 in Finance in 2023.

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