Should You Start a Group Practice Retirement Plan?
When is a group practice retirement plan worth starting for your office? Also answering questions about rebalancing, UTMAs, paying off your mortgage and more!
Ownership matters, whether it’s owning profitable companies, owning your own home, or owning your job. Most of the time, medicine is better—for the docs and for the patients—when docs own their jobs.
When is a group practice retirement plan worth starting for your office? Also answering questions about rebalancing, UTMAs, paying off your mortgage and more!
Have you thought of treating patients on a personal injury lien? Before you do, here are 5 points to consider as you weigh the risks/benefits.
Section 199a may be your largest tax deduction, but it can make retirement savings complicated. Know your options if QBI applies to your business.
Learn how to evaluate AUM and other fees in your small practice retirement plan and keep more of your hard-earned money.
Cash Balance Plans can be great for minimizing your tax liability and saving for retirement. Find out if they're a fit for your practice.
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Doc G of DiverseFI.com topped out at $950,000 a year as an internist. Listen to how he built a thriving private practice that he truly enjoys. Your path will look different than what Doc G did but be creative. What could you do?
Four questions from an old friend about IRA's, S Corp salaries, employing your spouse, and opening a SEP IRA or Solo 401(k) with Vanguard.
Becoming an S Corporation can save you a lot of money, but be careful - it can also COST you a lot of money. Choose wisely.
The ultimate goal for a Group Practice Retirement Plan is to build wealth for the participants. If you're evaluating a plan, read here how to find and fix any issues, improve your plan design and minimize costs.
Does your medical or dental practice need a new website? Avoid mistakes that will cost you time, money and flexibility and read this post before you get started.
If your practice isn't full, you probably need a website. Here's how to get one built without breaking the bank.
Konstantin Litovsky discusses how to be implement a small practice retirement plan. He recommends flat fees and an independent TPA and 3 (38) fiduciary advisor.
It's that time of year to do your Continuing Financial Education. MD/MBAs have been busy this year and The Business Side of Medicine is now available for your CFE.
Personal Service Corporations have been used by physicians for decades, but there is little advantage these days. It might be time to get rid of yours.
Using a Section 105 Plan you can write off your employee's medical expenses. If you're careful, you might be able to write your own off as well.
Medical school may not have taught you about money, but we will.
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