Disability Insurance: Don’t Count on Uncle Sam if You’re Disabled
Story at-a-glance Federal disability benefits are minimal – The average payout is only $1,358/month, not even 10% of a doctor’s typical income. Approval is slow
Estate Planning Basics for Young Doctors
Story at-a-glance Start with term life insurance – It’s affordable and crucial, especially for young physicians or those with families. Keep beneficiaries updated – Double-check
Year-end Tax Tips for Doctors and Dentists
Story at-a-glance Max out retirement contributions now – You can contribute to IRAs by April, but 401(k)/403(b) contributions must be in by December 31. RMDs
Physicians Get Paid Best in Rural Areas and Lower-Cost Cities
Story at-a-glance Physician pay varies wildly by city – Doctors in smaller cities and rural areas earn more than peers in major metros like NYC
Court Ruling Highlights Importance of Disability Insurance for Women of Childbearing Age
Story at-a-glance Pregnancy isn’t a “preexisting condition” – A woman suffered a stroke after childbirth and was initially denied disability insurance benefits. Insurer said her
Study: Financial Literacy Lacking Among Young Physicians
Story at-a-glance Doctors know medicine—but not money – A major study shows residents score just 52% on basic financial knowledge. High income, low preparedness –
What If You Lose a Partner or Key Person?
Story at-a-glance Losing a key partner can cripple your practice – Their absence impacts patient care, revenue, and team morale. Recruitment takes time and money
What You Need to Know About Group Disability Insurance
Story at-a-glance Easy and affordable – No exams, no underwriting, and often employer-paid. Limited benefits – Offsets and caps can significantly reduce your payout. Weak
Association Disability Insurance
Story at-a-glance Low rates now, high cost later – Association premiums may start cheap but skyrocket as you age. Your contract can change – Association
Financial Tips for Young Doctors
Story at-a-glance Your most valuable asset is you – protect your income and career with disability and health insurance. Own your policy – Individual disability
Protecting the Small Medical Practice Against Disaster
Story at-a-glance 40% of small businesses never reopen after a disaster—and medical practices are just as vulnerable. Flood damage isn’t covered by standard commercial policies—doctors
The Most Dangerous Myths About Insurance Coverage
Story at-a-glance Government benefits won’t cut it – SSDI is hard to qualify for and only pays a fraction of your physician-level income. Employer plans