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Resident Physician Financial Mistakes

October 17, 2019 |
5 Comments

Interviewing a resident today talking cashflow/budgeting, W-4s, retirement accounts when going for PSLF, student loan management, dual income DI, and more.

Read On »

Questions from an Old Friend

August 24, 2018 |
19 Comments

Four questions from an old friend about IRA's, S Corp salaries, employing your spouse, and opening a SEP IRA or Solo 401k with Vanguard.

Read On »

How to Screw Up Your Roth IRA Contribution (And How to Fix It)

June 13, 2018 |
55 Comments

Overcontributing to a Roth IRA is just one of many common mistakes I see. Advisors and accountants can miss these details so you'll need to understand them. Learn how to identify the problem and how to fix it.

Read On »

The “Secret” Ultimate Roth Contribution

May 24, 2017 |
75 Comments

Who wouldn't love a larger Roth IRA, especially when the alternative is investing in a taxable account? Chad Chubb explains the Mega Backdoor Roth IRA.

Read On »

Backdoor Roth IRA for Previous Year – Late Contributions

March 18, 2015 |
366 Comments

[FOUNDER'S NOTE BY DR. JIM DAHLE: Many high-income professional investors first learned about the Backdoor Roth IRA on this site. One of my most popular posts is the tutorial on the process. In the le...

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The Proper Ratio for Retirement Tax Diversification

April 21, 2014 |
49 Comments

Nearly every educated financial advisor agrees that tax diversification is a great idea when planning for your distributions in retirement.  Tax diversification means having some of your assets in tax...

Read On »

retirement reform

10 Reforms That Would Improve Our Retirement System

August 26, 2013 |
14 Comments

The United States' 401K-based retirement system sucks. Implementing these 10 reforms would give an economic boost to the entire country.

Read On »

Whole Life Insurance vs Roth IRA – 8 Reasons They Are Not Similar

August 09, 2013 |
153 Comments

The posts on this website about cash value insurance continue to attract comments (mostly from those who sell it) like a knight in shining armor on a summit in a thunderstorm attracts lightning.  Mont...

Read On »

Financial Survival Guide For New Interns

July 01, 2013 |
12 Comments

My first overnight call as a resident was on a very busy trauma service in August 2003.  Our service was 4 interns, 3 residents, and an attending.  We had 55 patients on the service between the floor...

Read On »

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