Phase One Complete

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Markets rallied this week as all major equity indices returned strong gains. Utilities led the S&P sectors, finishing ahead of Technology and Materials to round out the strongest sectors. Markets cheered as U.S. economic data impressed and the long awaited U.S. – China “phase one” trade deal was signed. European indices returned solid gains this … Read more

Markets Breathe a Sigh of Relief

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Markets proceeded cautiously this week, with major equity indices either returning gains or slight losses. Technology took the lead, finishing ahead of communications and healthcare to round out the strongest sectors. Geopolitical tensions dominated the stage this week, as markets nervously awaited developments between the U.S. and Iran. Markets recovered as the risks of further … Read more

Physician Work-Life Balance: A How-To Guide for New Doctors

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Today’s generation of young professionals are increasingly interested in the idea of “work-life balance.” They care about their careers, but they also care about how their jobs affect quality-of-life outside of the workplace.  For young physicians who are emotionally and financially invested in their first jobs, finding a work-life balance can be especially challenging. Fortunately, … Read more

Off to to the Races for 2020

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Markets finished mixed in the first week of 2020, with major equity indices only deviating slightly from the prior week. Industrials took the lead, finishing ahead of energy and technology to round out the strongest sectors. Due to the shortened holiday trading week, markets had a comparatively calm week. Volumes and volatility should pick back … Read more

5 Tax Planning Strategies for Physicians

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Compared to professionals in other industries, physicians rank among some of the highest-paid individuals in the United States. And, as all American workers know, the more you earn, the more you pay in income taxes.

The 2020 tax season is quickly approaching. If you haven’t already started planning how you’re going to file your fiscal 2020 tax returns, the time to start is right now. By putting the right strategies in place, you can reduce your tax burden and devise a sound financial plan for retirement.

Ready to learn how?

From diversifying investments to reducing taxable income, here are the five tax planning strategies every physician needs to know.

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Global Indices Rally As U.S. And China Agree To Phase One Trade Deal

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U.S. markets finished up for the week, leading to fresh all time highs in the S&P 500. The technology sector took the lead, finishing ahead of consumer discretionary and financials to round out the strongest positive sectors. Markets breathed a cautious sigh of relief as the first news of an agreed upon “phase one” trade … Read more

A Medical Resident’s Guide to Mortgage Rates

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Physician mortgages are loans designed to make homeownership possible even for new doctors and medical residents. Most doctors make serious financial sacrifices for their career path, including taking on an average of $190,000 in student debt and forgoing a full salary in their early adult life. Typically, this financial situation (high debt, little savings, short … Read more

Everything You Need to Know About Physician Contract Review

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A professional contract review by a lawyer is one of the most essential steps any physician can take before accepting a new job offer. A physician’s employment contract is worth millions of dollars. And typically contains financial complexities that even experienced doctors require a second opinion to evaluate. To fully assess how an employment offer … Read more

What is a Residual Disability Insurance Rider?

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Physician’s insurance can have complications.

Just when you think you understand what disability insurance is all about, you learn that’s there’s yet another curveball: optional riders. While most policies may seem straightforward, there are almost always optional add-ons that can provide you with even more benefits.

Today we’re focusing on disability insurance and the residual disability insurance rider.
What it is, why you need it, and what it covers.

Keep reading for our full guide to the residual disability insurance rider.

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What You Need to Know About the Cost of Disability Insurance

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While disability insurance can seem like a daunting purchase for young doctors, it provides indispensable financial protection. There are an enormous variety of factors that determine the cost of a physician disability insurance: medical history, age, specialty, benefit level, insurance company—the list goes on. Because of all these variables, it can be difficult to boil … Read more