Should You Open a Roth IRA for Your Child? Here’s What You Need to Know Have you ever wondered if you can open a Roth IRA for your child? You’re not alone. Many parents are… Read More
Should I Open A Roth IRA For My Child?
Tax Planning
No 401k Plan, Now What?
Six Alternatives to Your 401k or 403b Plan Usually, your 401k or 403b is your best bet for retirement savings. However, there are times when these options might not be available to you. Perhaps you… Read More
Common Backdoor Roth IRA Questions Answered
Common Backdoor Roth IRA Questions Answered If you’re a high-income earner trying to secure your retirement with a Roth IRA, you’ve probably come across the term “Backdoor Roth IRA.” It’s an essential strategy to bypass… Read More
Year-End Tax Planning Deadlines and Items to Consider
Year-End Tax Planning Deadlines and Items to Consider As the end of the year approaches, it’s the perfect time to tackle your tax planning. Whether you’re wrapping up 2024, preparing for 2025, or even glancing… Read More
Roth IRA Strategies for Physicians
The “Backdoor Roth IRA” is a fantastic and commonly utilized Roth IRA strategy for physicians, but did you know there are other great ways to use a Roth IRA? Today, we are going to take… Read More
The Backdoor Roth IRA and Three Mistakes to Avoid
Unlocking the Secrets of the Backdoor Roth IRA: Key Strategies and Mistakes to Avoid When it comes to retirement planning, the Roth IRA stands out due to its tax-free growth and withdrawal benefits. However, high… Read More
How To Build a Tax Efficient Taxable Account as a Physician
As a physician, you are in a fortunate spot to have to use taxable investment accounts. However, many of us feel cold sweat bead down our neck when we hear “taxable” as a high-income household…. Read More
Physician Side Gigs: Business Structures, Tax Tips, and Investing Strategies
Physician Side Gigs: Business Structure, Taxes, and Investment Strategies Taking on a side gig can be an exciting way for physicians to earn extra income, explore interests, and maximize financial opportunities. But let’s be honest—when… Read More
Your HSA Can Be a Great Tax Tool
It is safe to say no one likes taxes, and one of the most common questions we get is, “Chad, what are some good ways to help with my tax bill?” Our first compliant answer,… Read More
How To Use The Gifting Limit Without Uncle Sam
How To Use The Gifting Limit Without Uncle Sam Nobody wants to give Uncle Sam more than they have to, right? As the year comes to a close, everyone scrambles to fine-tune their tax strategy…. Read More