Category Archives: Taxes

Four Opportunities to Consider in a Down Market

Since the beginning of 2022, the markets have been experiencing volatility over concerns about rising inflation and interest rates. The S&P 500 appears close to a bear market, and the Dow Jones Industrial Average recently hit a 52-week low. Looking at retirement or investment statements in a down market can feel frustrating for many people. […]

Make Too Much to Fund a Roth IRA? These Three Strategies Could Help You!

Taxes drive a lot of our personal finance and many everyday decisions. Strategies to minimize taxes, both now and in retirement, drive many investing decisions as well. One potential way to minimize taxes in retirement is by investing in a Roth IRA. With a Roth IRA, the account is funded with after-tax dollars by making […]

Roth IRAs Have Some Significant Benefits. Here’s How They Could Help You.

You’ve probably heard of a Roth IRA — it’s a retirement account that you can contribute to with after-tax dollars. Though there is no up-front tax break, dividends, interest, and capital gains are tax-free as your account grows. When you make a qualifying withdrawal after you retire (or at age 59 ½), you don’t have […]

Six Valuable Benefits of Hiring a Financial Advisor

Many people often wonder if it is worth it to pay a financial advisor to manage their wealth. I hear this question often, and it’s an excellent question with an answer that depends on your personal situation and many factors. At One Life Financial Group, we work primarily with small business owners, physicians, dentists, and […]

6 Last-Minute Strategies You Need to Know to Reduce Your 2020 Tax Bill

Tax Planning

Will you need to do any last-minute shopping this holiday season? I do! If you need last-minute tax strategies, we have those for you. Below are six last-minute strategies that could reduce your 2020 tax bill; these are ideas that could reduce your tax bill or increase your tax return. DISCLAIMER – Before you read […]