Own-Occupation Disability: Comprehensive Guide

Of all the topics they don’t cover in medical school, managing your own insurance policies is the one most likely to haunt you later on. For instance, new physicians often make the mistake of agreeing to their employer’s default group insurance plan, which can make claiming disability benefits nearly impossible. Choosing a reliable occupation disability … Read more

Emergency Medicine Salary Data [Analyzed]

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Many medical specialties are stressful, but none quite as much as emergency medicine. That’s why physicians working in this specialty earn one of the highest average hourly rates in the medical field. That said, there are some strategic actions that an emergency medicine doctor can take to ensure that they are receiving the best possible compensation … Read more

The Complete Guide to Physician Retirement Planning

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If you want to enjoy your retirement years, you’ll need to have a savings plan in place. Because doctors are some of the highest-earning Americans, most new physicians assume that saving is easy.

However, that’s not necessarily the case. Unless you establish a solid physician retirement planning strategy, you might not have enough to support yourself in your golden years. Among every age group of physicians, this is the #1 concern when surveyed according to according to recent surveys of physicians’ financial preparedness.

Physician retirement planning can be complicated. With so many options to choose from, deciding on how to invest your money can be overwhelming. From 401(k) plans to IRAs and stocks, there are many different ways to approach physician retirement planning and save for your future.

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Physician Contract Termination: How to Protect Your Interests

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Physician contracts are legally binding documents that contain all the terms of your employment. In addition to details about your salary and benefits, contracts also include termination clauses.

The termination clause is a key part of the contract, both for physicians and employers. Before ending your contract or firing an employee, it is important that you understand every aspect of the termination clause.

Ready to learn more? Here is our guide to physician contract termination and how to protect your interests.

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