Personal Finance | Page 2
6 Tips for Physicians Looking to Network
Building your professional network can help you with your current practice, but also any of your future career moves. Here's 6 ways to network effectively.
Pension or Lump Sum? Compare Payouts and Options Before You Decide
It's hard to look at guaranteed lifetime payments from a company pension plan and think that might not work for you. Yet in some cases that is the case, as every finical situation is unique. So, make sure to weigh all of your options before you decide between a pension or a lump sum IRA.
Is Your Practice a Good Fit for a Cash Balance Retirement Plan?
Cash Balance plans can provide an alternative to your retirement savings plans for you and any employees in your practice. However, make sure your practice is the right fit for this plan before jumping in.
How Physicians Can Help Improve Financial Wellness for Practice Team Members
The saying goes "a rising tide lifts all boats", so if you find a way to help your overall financial health you may also help your practice team members as well. Here are 3 ways to improve your practice's financial health.
Opportunity Zones Give Investors New Opportunities to Diversify, Cut Taxes, and Profit
Act by December 31 to get full tax benefits on a new program that could diversify your investing portfolio. Opportunity Zones.
The Trend of Diversified Income Streams
As a physician, you are in a unique position to use your expertise, knowledge, and standing to earn income from more than just clinical work. However, before you begin to diversify your income streams make sure you are considering these key factors.
How A Cash Balance Plan Can Turbo-Charge Your 401(k) Plans
Saving for your retirement can take many different forms and there are more ways than putting money away to turbocharge your 401(k) plan.
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