Tax Strategies for Self-Employed Physicians: Deductions and Credits You Should Know
Story at-a-glance Self-employment tax is steep—but deductible – You pay 15.3% in self-employment tax, but can deduct half to lower your taxable income. Home office,
Introduction to Long-Term Care for Self-Employed Physicians
Story at-a-glance Long-term care is likely and expensive – With people living longer, the odds of needing costly care like home health aides or nursing
Understanding the Basics of Employer-Provided Life Insurance for Physicians
Story at-a-glance Employer life insurance is often too small – Basic group policies usually cover only 1–2x your salary, which falls short for most physicians.
Supplementing Your Group Disability Insurance: Do You Need Additional Coverage?
Story at-a-glance Group disability coverage has major limits – Most employer-provided plans cap benefits, include taxable payouts, and may not cover your specialty. You could
Maximizing Your Employer-Sponsored Retirement Plan: 401(k) and 403(b) Tips for Physicians
Story at-a-glance Physicians can save big with 401(k) and 403(b) plans – Tax-deferred growth and employer matching are powerful wealth-building tools. Maximize contributions early –
Understanding Disability Insurance for Dentists
Story at-a-glance Your hands are your income – A disability can abruptly end a dental career, making coverage essential. Own-occupation coverage is key – Protects
The Ultimate Guide to Choosing Life Insurance for Dentists
Story at-a-glance Dentists face unique risks – High student debt, practice loans, and income replacement needs make life insurance essential. Term vs. Permanent – Term
Debt Management Strategies for Dentists: Handling Student Loans and Other Debts
Story at-a-glance Know what you owe – List all debts clearly: student loans, practice loans, credit cards, etc. Pay smart – Prioritize high-interest and private
Life Insurance for High-Income Earners
Story at-a-glance High-income doctors need more coverage – Your income, debts, and dependents demand a stronger safety net. Term vs. permanent – Term is cost-effective
How to Save $10,000
Story at-a-glance Lock in huge savings—residents qualify for discounted disability insurance rates that stay with you for life. Age matters—buying young means locking in lower
Financial Goal Setting
Story at-a-glance Clear financial goals give residents structure amid demanding training schedules and limited income. Short-term goals like emergency savings and debt repayment lay the
AI Your Finances – A Doctor’s Guide to Smart Money
Story at-a-glance AI tools like ChatGPT can support doctors in budgeting, tax planning, and long-term financial strategy. Setting up a ChatGPT account is simple, and