Insurance Purchasing insurance transfers the burden and financial risk of life's events from you and your family to an insurance company. A reliable insurance strategy can help protect your family from the financial consequences of unforseen or unplanned events. A number of insurance products you might consider include personal insurance, liability insurance and life insurance. Don't let life's "what-ifs" make your retirement challenging, seek the help of an insurance professional for help with crafting your personal strategy.
Money One of the keys to a reliable retirement income strategy is spending less than you make, and then finding a way to put the excess to work. Our money management approach involves creating budgets so you better understand where your money is going and when and where you may be able to put your excess cash to work.
Lifestyle Creating a life map involves a close review of your personal finances and an assessment of other building blocks. Lifestyle matters involve learning how to balance work and leisure and how to make smart choices for the future. To enable you to better enjoy the jouney, we will help you formulate and design a life map that takes into consideration the different aspects of your lifestyle.
Retirement Income Strategies Where will your retirement income come from? If you’re like most people, qualified retirement plans, Social Security and personal savings, including investments, are expected to play a role. Once you have estimated the amount of money you may need for retirement, a detailed approach involves taking a look at your potential retirement-income sources. Planning for retirement can be a complicated, intricate process. With so many important decisions to make and so many options available for meeting your needs, it’s important to have a resource you can count on to guide you step by step along the way. At OneWay Financial & Estate Solutions, Inc., we analyze your unique financial situation before developing strategies to guide you toward the income you need for the retirement you’ve spent a lifetime working to build. Because we’re not tied to one particular company or product, we offer an array of strategies for addressing your retirement income concerns and achieving the goals you’ve set for yourself and your family. We are committed to sharing our specialty and informing you on how to reach your retirement income goals. Whether you’re in the initial stages of planning or are already retired, OneWay Financial & Estate Solutions, Inc. can help you make your retirement funds last. From creating an income stream you can’t outlive and maximizing the value of your assets to protecting your family and preserving a legacy for your beneficiaries in death, we have the knowledge and experience you can rely on to feel stable, protected and prepared. We will always keep your best interests at heart and put you in control of your retirement income destiny.
Tax-Efficient Strategies Understanding tax strategies and managing your tax bill should be part of any reliable retirement income approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts. April 15 can be a dreaded day or a celebrated one. OneWay Financial & Estate Solutions, Inc. understands the importance of making sure you take advantage of all the tax deductions and exemptions available to you, as well as helping you to understand the commonly overlooked tax reduction strategies available in retirement. We are up-to-date on the latest tax planning and potential reduction strategies for retirees. We can assist with IRA or other retirement account roll-overs and transfers, ensuring you don’t pay any unnecessary taxes, penalties or fees. We can also work with you to understand your Required Minimum Distributions (RMDs) and how to take them so your income in retirement is maximized.
Estate Preservation Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. An effective estate can spell out your healthcare wishes and ensure that they're carried out – even if you are unable to communicate. It can even designate someone to manage your financial affairs should you be unable to do so. Our main goal is your main goal with estate preservation: to provide for your family, including spouses, children, grandchildren, parents and siblings. We help you to design a strategy that allows you to share your life’s successes with others during your lifetime and direct distribution after death. We will work with you to prioritize the goals for your estate and customize a strategy to meet your long-term needs. Whether you are trying to minimize the impact of taxes or simply guarantee your heirs will receive what you have originally planned, OneWay Financial & Estate Solutions, Inc. will work with you to execute the proper strategies for you.
Rick Baskerville 319.393.7474 or cell 319.350.6753 Fax: 319.393.6080 6818 WORCESTER RD PALO, IA 52324
This information is designed to provide a general overview with regard to the subject matter covered and is not state specific. The authors, publisher and host are not providing legal, accounting or specific advice for your situation. Licensed Insurance Professional. Respond and learn how life insurance and annuities can positively impact your retirement. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. The presenters of this information are not associated with, or endorsed by, the Social Security Administration or any other government agency.