What are the opening hours?

Monday 7am - 8pm Tuesday 7am - 4am Wednesday 8am - 8pm Thursday 7am - 4pm Friday 8am - 5pm

Jeff Filoon, Financial Planner

Home
United States
Radnor, PA
Jeff Filoon, Financial Planner

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Jeff Filoon, Financial Planner, Financial planner, 201 King of Prussia Road Suite 501, Radnor, PA.

Consulting & Financial Management for Construction, Electrical, & HVAC Owners & Executive Leaders | Tax Strategy, Cleaner Cash Flow, Real Wealth Outside the Business

09/03/2026

Strong opinion: more construction, electrical and HVAC owners should be asking about the R&D tax credit...

Most business owners hear “research & development” and think tech companies, scientists and laboratories.

But in the trades, R&D can look a lot more practical.

Designing or modifying systems.

Testing new processes.

Developing better installation or fabrication methods.

Engineering around technical challenges.

That doesn’t mean every contractor qualifies. There are specific IRS requirements and the work needs to be properly documented.

But recent tax law made the conversation even more important.

The R&D credit itself is permanent, and OBBBA permanently restored immediate expensing for qualifying domestic R&D costs instead of forcing businesses to spread those deductions over five years.

For a business that legitimately qualifies, the tax impact can be significant.

If your company is constantly solving technical problems, testing new ideas and improving how work gets done, you may be doing more R&D than you realize.

09/02/2026

Say you’re 60 years old, own a successful business, and make $1 million a year.

You’re likely already maxing out your 401(k). You're probably looking for more deductions.

Now what?

Two weeks ago I talked about how a Cash Balance Plan can create significantly more retirement contribution room for the right business owner.

Let’s put some actual numbers around it.

In 2026, the 401(k) employee contribution limit is $24,500.

Because this owner is 60, they may also qualify for the special $11,250 catch-up contribution.

And with employer contributions/profit sharing, a 401(k) plan can potentially reach $83,250 total for someone age 60–63, depending on the plan design.

Pretty good but this owner is making $1 million/yr.

Now add a properly designed Cash Balance Plan.

A 2026 plan-design illustration for a 60-year-old with the maximum countable compensation shows a Cash Balance contribution of roughly $312,000, with the combined retirement-plan opportunity potentially reaching the mid-$300,000s depending on how the plans are designed together.

Think about that.

Someone earning $1 million could go from thinking:

“I already max out my 401(k) with $83,250."

to potentially putting $350,000+ per year toward retirement.

And a significant portion of those employer contributions may also create a current business tax deduction.

One other thing most owners don’t realize:

The plan doesn’t simply look at the entire $1 million of income. For 2026, qualified-plan compensation is generally capped at $360,000.

So the opportunity is driven by much more than just how much the business owner earns.

Age, eligible compensation, employees and the actuarial design of the plan determine what can actually be funded.

For a highly profitable owner approaching retirement, “maxing out the 401(k)” may only be the beginning of the conversation.

08/28/2026

40 years building a successful business… and there was still one major piece missing.

She has an accountant, multiple attorneys, an insurance agent, an investment advisor.

But during the conversation, something became pretty clear:

Nobody is really sitting in the middle of all of it.

The decision to sell the business affects retirement income.

The sale structure affects taxes.

The real estate affects the estate plan.

The retirement plan affects current taxes and future cash flow.

And decisions being made inside the business today directly impact what life looks like after the business.

After some conversation, she explicitly stated that her advisors rarely communicate with one another.

That’s the gap SO MANY business owners need help filling.

Not another person working on one isolated piece.

Someone making sure the CPA, attorneys, investment advisor and other professionals are all working from the same plan.

Because whether it's been 1 year or 40 years of building something valuable, the last thing you want is for the pieces to stop working together right when the decisions become most important.

08/26/2026

Sometimes you sit down for a business meeting and walk away thinking about something completely different.

That happened to me twice in the last 48 hours.

I sat down with two business owners.

The first is a Northeast Philly/Father Judge guy who has built a company doing north of $15M in annual revenue.

The second is a Central Bucks guy who has built multiple companies doing more than $20M.

Two completely different people. Different ages. Different industries. Different stories.

But somehow, both meetings ended up having two very personal things in common.

Both had battled addiction earlier in their lives and came out on the other side.

And both knew my dad.

The first knew him growing up around Mayfair and through the recovery community.

The second stopped me during our conversation and told me he was pretty sure they had actually lived together at one point during that period of their lives.

I haven't had much of a relationship with my father since I was a kid, so to have two completely unrelated business meetings, within a day of each other, somehow connect back to him was wild.

But there was another part of their stories that stuck with me.

These are two guys who have experienced some very low points in life and went on to build businesses doing eight figures in revenue.

I spend a lot of my days talking about finances.

These 2 meetings were a pretty good reminder that there's usually a much bigger story behind the numbers.

I know there is for me. I had to break the cycle and that's the reason behind everything I do.

08/23/2026

JJ played QB in his first football game today.

It was a jamboree. 3 games, 10 offensive plays and 10 defensive plays against each team.

First game went great. He was confident and having fun. No mistakes.

Second game… not so much.

He fumbled two snaps back-to-back and completely lost his confidence.

At the end, he came off the field crying.

“Dad, I don't want to play quarterback. I just want to block.”

We had a pretty real conversation on the sideline before the third game. I tried explaining that playing QB means you’re going to make mistakes. In fact, we ALL make mistakes. But as a QB, you have to go right back out there before you even feel ready.

He was still crying, unsure of himself when he went back onto the field.

Head coach told me he’d give him one play. If he couldn’t shake it off, we’d move him.

First snap, good play. And it was like somebody flipped a switch.

The tears stopped. His energy completely changed. He's giving me thumbs up. His confidence came right back.

He stayed at QB and finished the game playing great.

I’ve watched him make shots in basketball, get hits in baseball, and get pins in wrestling.

I don’t know if I’ve ever been more proud of him than I was today.

Because for a few minutes, he genuinely believed he couldn’t do it anymore.

Yet he went back out there and proved to himself he could.

08/21/2026

Your business may be able to help fund your kid’s Roth IRA years before they ever get their first “real” job.

Say a business owner has a 15-year-old who legitimately works in the business.

Maybe they're helping clean the shop, organize inventory, wash company vehicles, take photos for social media, file paperwork, or handle other age-appropriate work.

The business pays them a reasonable wage for actual work performed and now they have earned income.

Earned income then creates the ability to contribute to a Roth IRA, up to the applicable annual limit or their earned income, whichever is less.

So instead of simply giving your kid spending money, you could be teaching them how to earn it while beginning to build an investment account that could compound for the next 50+ years.

There's also an interesting tax wrinkle for certain family businesses:

If your child is under 18 and legitimately works for your sole proprietorship or a partnership where every partner is a parent of the child, their wages generally aren't subject to Social Security or Medicare taxes.

And if they're under 21, those wages generally aren't subject to federal unemployment tax either.

But there is an important distinction for S Corps and C Corps.

If your corporation employs your child, those payroll-tax exemptions generally don't apply just because you're the parent.

This also isn't about putting your 8-year-old on payroll for $30,000 and calling it tax planning.

The work needs to be legitimate.
The compensation needs to be reasonable for the work performed.
And the payroll and documentation need to be handled correctly.

Done appropriately, though, you're teaching your kid to work, creating earned income that can potentially fund a Roth IRA, and creating a legitimate business expense at the same time.

That's a pretty powerful combination.

08/19/2026

8 years ago, he sold his real estate portfolio for roughly $2.5 million.

Today, he’s retired with more than $2.7 million invested, $250,000 in cash, and roughly $170,000 of annual income.

He’s spending about $77,000/yr...

So when we sat down, the question was simple:

Is his money positioned as efficiently as it could be?

A couple things immediately jumped out.

A significant portion of his bonds were in taxable accounts, while much of his equity exposure was sitting inside his IRAs.

His asset allocation fit his risk tolerance. That made sense.

But no one had really looked at how that allocation tied into asset location.

That’s an important distinction:

Asset allocation is deciding how much you own in stocks, bonds, cash, etc.

Asset location is deciding which account should hold those investments.

For example, one taxable account was generating roughly $27,000 a year in dividends and capital gain distributions that he didn’t need — but was still paying taxes on.

Think about that.

Income being generated that he doesn’t need, doesn’t spend, and still has to pay taxes on.

Generally, tax-inefficient, income-producing investments can be better suited for tax-deferred accounts, while more tax-efficient investments can make more sense in taxable accounts.

By looking at the entire financial picture, we identified opportunities to reposition where certain investments sit and reduce unnecessary tax drag without changing the overall risk he’s taking.

That’s the difference between simply managing investments and actually planning around the entire financial picture.

08/16/2026

Asteroids. Mortal Kombat. Pac-Man. Pinball.

An original Nintendo hooked up to the TV with Super Mario Bros.

Then you walk into a full Stranger Things setup that looks like you stepped into Hawkins.

The nostalgia was unreal.

I’ve been to a lot of arcades, and this was easily the best one I’ve been to.

Del-Vue Arcade in case you're wondering...

08/14/2026

A 401(k) isn’t always the ceiling for retirement savings... but a lot of business owners still think it is.

Most owners are familiar with the usual retirement plans: The 401(k), the SEP IRA, the SIMPLE IRA. Maybe even a profit-sharing plan.

Far fewer are familiar with a Cash Balance Plan.

A Cash Balance Plan is a type of defined benefit plan that can be paired with a 401(k), often alongside a profit-sharing component.

In simple terms, it can allow a business owner to create a pension-style retirement benefit through their own business while potentially putting significantly more toward retirement than a 401(k) alone would allow.

And for the right business, those additional employer contributions can also create a substantial current-year tax deduction.

It won’t make sense for everyone. Age, income, employees, cash flow and plan design all matter.

But if you’re a business owner who is consistently maxing out your retirement plan, here’s a simple question worth asking your advisor:

**“Is this really the most I can be doing through my business?”**

You may find there are more retirement planning options available than you realized.

08/13/2026

You can have a $500,000 year and still feel like you’re not getting ahead.

I met with a GC recently who had exactly that problem.

The business exploded. He was working hard, supporting his family, and trying to create enough capital to eventually invest in real estate.

But every time he thought he'd be able to put a meaningful chunk of that money toward his goal of building passive income through real estate, taxes seemed to eat up the money he wanted to use to build the next thing.

The issue wasn’t simply, “How do we make more money?” He was doing that and doing it well.

The questions were more centered around the strategy and the ex*****on of everything financial.

How should the business be structured?

Should an S Corp election be explored?

How much cash should stay liquid for slower months?

Should a retirement plan be added through the business?

How do you balance taking deductions today with still showing enough profitability to qualify for financing?

And most importantly, how do you turn active business income into assets that can eventually produce income without you having to work every day?

He was making money. The government was taking their cut just as fast. And without any strategy behind his planning, he was paying them top dollar.

Sometimes it's about accepting what you don't know and finding the right professional team to offset some of this stuff.

Address

201 King Of Prussia Road Suite 501
Radnor, PA
19087

Opening Hours

Monday	7am - 8pm
Tuesday	7am - 4am
Wednesday	8am - 8pm
Thursday	7am - 4pm
Friday	8am - 5pm

Telephone

+16108909098

Website

http://www.linkedin.com/in/jefffiloon/

Alerts

Be the first to know and let us send you an email when Jeff Filoon, Financial Planner posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Jeff Filoon, Financial Planner: