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...
by Michael: Financial Advice for Early-Career Physicians | Sep 26, 2024 | Early-Career Physicians, Financial Planning
Introduction Planning for your financial future can sometimes feel overwhelming, but one of the easiest steps you can take is creating a my Social Security account. This free online tool helps you stay on top of your Social Security benefits by allowing you to...
by Michael: Financial Advice for Early-Career Physicians | Sep 20, 2024 | Early-Career Physicians, Financial Planning
Introduction ☁️ Imagine retiring with a substantial nest egg that you can tap into without paying a single dollar in taxes. ☁️ This may be possible through a strategic Roth conversion, especially during low-income years. Introduction ☁️ Imagine retiring with a...
by Michael: Financial Advice for Early-Career Physicians | Sep 11, 2024 | Early-Career Physicians, Financial Planning
Introduction As an early-career physician, you work hard year-round, and it’s always a pleasant surprise when your paycheck suddenly gets a little bigger. This time of year can be particularly exciting because many attending physicians notice a significant increase...