by Michael: Financial Advice for Early-Career Physicians | Nov 8, 2024 | Early-Career Physicians, Student Loan Planning
Introduction Navigating the tax implications of student loan interest can be confusing, especially with multiple eligibility rules and income limits. Here’s a guide on how the student loan interest deduction works, how it affects your Adjusted Gross Income (AGI),...
by Michael: Financial Advice for Early-Career Physicians | Nov 7, 2024 | Early-Career Physicians, Student Loan Planning
Introduction Are the election results not quite what you were hoping for? Sitting there staring at a mountain of federal student loans and wondering if maybe…just maybe…leaving the country is the answer? Hey, I say, go for it! (Alright, alright, mostly joking...
by Michael: Financial Advice for Early-Career Physicians | Nov 6, 2024 | Early-Career Physicians, Student Loan Planning
Introduction As early-career physicians, managing student loans while navigating the demands of your profession can feel overwhelming. However, if you work in a qualifying public service role, such as a government or nonprofit healthcare job, Public Service Loan...
by Michael: Financial Advice for Early-Career Physicians | Sep 30, 2024 | Early-Career Physicians, Financial Planning, Tax Planning
Introduction Taxes can feel complicated, especially when you realize that your effective tax rate is lower than your marginal tax rate. Many people believe they’re taxed at a single rate, like 24%, but in reality, the tax system is more complex. This...
by Michael: Financial Advice for Early-Career Physicians | Sep 29, 2024 | Early-Career Physicians, Financial Planning, Student Loan Planning
Introduction Navigating student loan payments can be complex, especially for married couples where one or both partners have federal student loans. This guide aims to simplify the process, providing clear examples and explanations to help you understand how your...
by Michael: Financial Advice for Early-Career Physicians | Sep 26, 2024 | Early-Career Physicians, Financial Planning
Introduction As a high-income professional, your financial information may be more at risk for identity theft. One of the best ways to protect yourself is by freezing your credit. A credit freeze prevents anyone from accessing your credit report, making it...