One Life Financial Group

08/21/2025

When it comes to building wealth for retirement, corporate executives often face a paradox: high income opens the door to many opportunities, but it can also close off access to some of the most tax-efficient savings tools—like Roth IRAs, which phase out at relatively modest income levels.

In this post, you'll learn:

• How a Roth 401(k) can help with tax minimization
• Why Roth 401(ks) matter to executives (Hint: it has to do with strategic tax diversification)
• How to know if making Roth 401(k) contributions or conversions could benefit you
• How you can make the most of this opportunity

Read more here:

If you’re a corporate executive and earning a high salary, your retirement savings decisions now may shape your tax exposure, income flexibility, and lifestyle options down the road.

05/28/2025

When you’re going through a career transition—whether it’s a promotion, a company exit, or even early retirement—your financial to-do list can be long and complicated.

Among the most overlooked (and misunderstood) elements of executive compensation are the non-qualified deferred compensation (NQDC) plans for a) salary reduction arrangements and b) bonus deferral plans.

Misunderstanding non-qualified deferred compensation can lead to unnecessary taxes, loss of benefits, or even forfeiture of income you’ve already earned.

In this post, we’ll break down the basics of deferred compensation, common mistakes to avoid, and steps you can take to make sure you don’t leave money on the table.

Click here to read more:

Among the most overlooked (and misunderstood) elements of executive compensation are the non-qualified deferred compensation (NQDC) plans for a) salary reduction arrangements and b) bonus deferral plans.

05/13/2025

Restricted Stock Units (RSUs), otherwise known as stock awards, can be a powerful component of your compensation package, offering the potential to build wealth over time.

But, without proper planning and understanding, they can also lead to unintended financial consequences. If you’re not careful, RSUs can become a tax trap, expose you to too much risk, and cause you to miss out on financial strategies that work for you.

In this post, we’ll cover four critical mistakes corporate executives, directors, and employees make with RSUs—and how you can avoid them.

Read more here:

Restricted Stock Units (RSUs), otherwise known as stock awards, can be a powerful component of your compensation package, offering the potential to build wealth over time. But, without proper planning and understanding, they can also lead to unintended financial consequences. If you’re not careful...

04/23/2025

We are so proud to be a sponsor of the Mahtomedi Softball team this year! Come out and help us cheer them on!

Best of luck to our Zephyrs as they continue with a busy week of games!! We are going on the road, but don't miss our HOME game this week on Wednesday!

04/14/2025

With the recent market volatility, my team and I have talked a lot about one of Warren Buffett’s quotes, “Widespread fear is your friend as an investor, because it serves up bargain purchases.”

During turbulent market times, it’s vital to stay calm. Our team is proud to have seen clients through many markets shifts and we remain more dedicated than ever to helping our clients as navigate the current fluctuations in market conditions.

Whether you are a client or not, please reach out if you have any questions. I’d be happy to connect with you.

04/03/2025

Headlines about economic changes, particularly those involving tariffs, can trigger strong emotions among investors. The uncertainty surrounding trade policies and inflation can lead to fear-driven decision-making, which can be detrimental to long-term financial health.

Many investors are asking: How will recent tariffs impact my portfolio?

While no one can predict the future with certainty, we can look at history, evaluate risk, and take practical steps to help prepare for our financial future.

Read more:

Many investors are asking: How will recent tariffs impact my portfolio? While no one can predict the future with certainty, we can look at history, evaluate risk, and take practical steps to help prepare for our financial future.

02/06/2025

Get to know Jennifer Di Pietro!

Jennifer’s role as the Client Relationship Manager is to provide a welcoming, client-focused experience.

When she’s not busy keeping our team on track, you can find Jen and her husband Paul off-roading in their side-by-side, floating in the pool, traveling (especially to Disney), hiking, or rescuing animals. Most importantly, she enjoys spending time watching movies on the couch with their children, grandson (Kingsley), and the world’s most spoiled pitty (Ralph)!

We hope you have enjoyed our employee spotlight. To close it out, we have provided a few extra pictures of our team hanging out and having fun!

12/18/2024

When the calendar turns to 2025, there will be some substantially higher catch up contributions (part of SECURE 2.0) that were signed into law by President Biden in 2022 to enhance retirement savings options.

Here are the details you need to know:

When the calendar turns to 2025, there will be some substantially higher catch up contributions (part of SECURE 2.0) that were signed into law by President Biden in 2022 to enhance retirement savings options. Here are the details you need to know. Increased 401(k) Contribution Limits for 2025 Starti...

09/26/2024

Our team is amazing and you deserve to know all about them! This week, we are excited to spotlight 💥Franklin Strobeck💥!

Franklin is our Investment Advisor Representative who specializes in 401(k) management, rollovers, 529s and education account management. Some of the interesting facts about Franklin:

💥Passionate music fan who usually listens to 15+ albums/week and attends 1-2 concerts/week
💥Insatiable foodie with a large list of saved restaurants and an even larger list of restaurants to try
💥Devoted fan of the Timberwolves and goes to at least a dozen games/year
💥Avid watcher of reality tv, including The Challenge, Big Brother, Traitors, and others
💥Loves to travel to visit his friends and knock off items on his nature bucket list

09/24/2024

When is the worst time to do tax planning? My answer is any time after January 1st! Why? Because many opportunities expired at the end of the year (December 31st).

In this post we’ll touch on 5 tax minimization strategies you might want to consider before year-end. Many of these strategies could help reduce your 2024 tax bill or increase your tax return.

Read more here:

When is the worst time to do tax planning? My answer is any time after January 1st! Why? Because many opportunities expired at the end of the year (December 31st). In this post we’ll touch on 5 tax minimization strategies you might want to consider before year-end. Many of these strategies could h...

07/15/2024

Check out this mid-year market update three key takeaways and detailed information on mid-year markets, as noted by Dimensional’s mid-year market update.

Click here to read more:

A recap of the markets for the first half of 2024 by One Life Financial Group founder, Brian Lahr

06/04/2024

Despite the importance of estate planning, it’s easy to procrastinate or delay getting one put in place. But not having an estate plan can cause you to lose control of what happens to your assets, lead to paying unnecessary taxes, and can lead to significant family disputes or disagreements that end up in court.

An estate plan can help minimize taxes, provide peace of mind, and ensure that your assets, interests, and loved ones will be protected after you pass away. If you don’t have an estate plan, your family could face many hurdles that can be highly time-consuming before your assets get distributed.

Here’s a closer look at four big estate planning blunders (which can be easily avoided!)

Read more: https://onelifefg.com/four-big-estate-planning-mistakes-youll-want-to-avoid/

Despite the importance of estate planning, it’s easy to procrastinate or delay getting one put in place. But not having an estate plan can cause you to lose control of what happens to your assets, lead to paying unnecessary taxes, and can lead to significant family disputes or disagreements that e...