Navigating Financial Waters: Five Essential Money Moves for Post-Match Physicians Welcome to a pivotal moment in your medical career! Matching into a residency program not only paves the way for you to become a world-class… Read More
Navigating Tax Planning: Five Common Mistakes That Could Cost You Whether you’re a physician, high-income professional, or simply a taxpayer looking to optimize your returns, understanding the common pitfalls in tax planning is crucial. Taxes,… Read More
Unpacking the New 529 to Roth Transfer: Guidelines and Strategic Insights for 2024 and Beyond The introduction of the ability to transfer funds from a 529 plan to a Roth IRA marks a significant shift… Read More
Why You Should Prioritize Your Retirement Over Your Kids’ College Savings Today’s topic is a tough one: your retirement is more important than your kids’ college savings. As a parent of three young kids, I… Read More
Why High-Income Professionals Should Rethink IRAs: A Deep Dive into Simplification, Asset Protection, and Backdoor Roth IRAs While Individual Retirement Accounts (IRAs) are undoubtedly popular tools for retirement planning, they may not always be the… Read More
Unlocking Tax Savings with a Donor Advised Fund (DAF) In the realm of philanthropy and tax planning, a Donor Advised Fund (DAF) serves as a strategic financial tool that enables individuals to enhance their charitable… Read More
Am I Saving Enough for Retirement (with only a Solo-K)? Live Case Study! Today’s topic is an important one that many of us often ponder: “Am I saving enough?” This question came from one of… Read More
The physician mortgage loan (sometimes called the doctor mortgage loan) was created by banks because of the distinctive challenges physicians face when borrowing due to their high debt-to-income ratios — thanks to student loans. Many physicians… Read More
Unleashing the Power of Roth Conversions for High-Income Earners As a high-income earner, you’re likely no stranger to leveraging various financial strategies to optimize your savings and minimize your tax burden. Today, we’re diving into… Read More
While most people are familiar with retirement saving tools like a 401(k) or 403(b), fewer people are familiar with the 457(b) plan. With several different choices available, each more confusing than the other, taking control… Read More