How Moving Can Help Physicians Pay Off Student Loans

October 18, 2022October 17, 2019 by Justin Nabity

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In 2018, the average student loan debt for a medical school graduate was a whopping $190,694. Moreover, for a physician with a loan balance of $190,694 on a standard 10-year repayment plan, monthly repayments would cost about $2,000. Looking at these figures, it’s understandable why most new doctors are anxious to secure an attending position. … Read more

Partial Trade Deal Boosts Global Markets

July 9, 2025October 14, 2019 by Justin Nabity

Global markets ended the week on a positive note thanks to renewed trade progress optimism. Just before US markets closed on Friday, it was announced US and Chinese negotiators had reached a partial trade deal. In “phase one” of the deal, the US will suspend upcoming tariff increases originally set for October 15 in return … Read more

How To Avoid Common Physician Tax Errors

June 20, 2023October 9, 2019 by Justin Nabity

While it’s true that most doctors are relatively high-earners, physicians also face unique financial obligations. Which makes it essential to avoid any mistakes when it comes to taxes. By avoiding a few common tax errors, doctors can keep more of their earnings to put towards financial goals. Such as paying back loans, saving up for … Read more

Weak Manufacturing Data Worries Investors

July 9, 2025October 8, 2019 by Justin Nabity

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Stocks fell for the third consecutive week as economic slowdown concerns worried investors. On Tuesday, the ISM Manufacturing Index fell further into contraction territory with a reading of 47.8, its lowest level since 2009. This was the sixth straight monthly decline for the Index as weakening global growth and uncertainties surrounding trade tensions have created … Read more

How Female Physicians Can Counteract the Gender Pay Gap

December 19, 2024September 30, 2019 by Justin Nabity

Each year, national reports on physician compensation confirm the persistence of the gender pay gap in medicine. Across all regions and within virtually every specialty, female physicians continue to earn less than their male counterparts. According the 2018 Medscape Physician Compensation report, male doctors netted nearly 18% more income than female doctors. For specialists, the … Read more

Fed Cuts Rates for Second Time in 2019

July 9, 2025September 23, 2019 by Justin Nabity

Fed Cuts Rates for Second Time in 2019 For the second time in 2019, the Fed cut its benchmark rate by 0.25% to a range of 1.75% – 2.00%. This was the expected move. As the Fed hopes lower rates will help prolong the current economic expansion in the face of ongoing trade tensions and … Read more

Global Stimulus and Strong Data Extend Market Winning Streak

July 9, 2025September 16, 2019 by Justin Nabity

Markets continued to claw back August’s losses following a supportive global central bank announcement and stronger than expected economic data. On Thursday, the European Central Bank (ECB) cut its key interest rate from -0.4% to -0.5% and announced a new bond-buying program in hopes to stimulate the eurozone. Beginning November 1, the ECB will purchase … Read more

Momentum Continues During Holiday-Shortened Week

July 9, 2025September 9, 2019 by Justin Nabity

Stocks finished the holiday-shortened week higher on continued trade optimism. The largest gains came on Wednesday and Thursday following news that US and Chinese officials confirmed plans to meet in early October. This was a relief to many as recent tariff announcements signaled talks might be canceled indefinitely. While consumers have supported a growing economy, … Read more

Your Comprehensive Review of the ADP 401k

September 11, 2025September 6, 2019 by Justin Nabity

As a physician operating a small practice, it’s important to provide your employees with the benefits they deserve. One of the most desirable benefits is a sound retirement plan.

The ADP 401k plan is a well-known option, in part because it’s one of the largest providers offered by a national leader in payroll and retirement services.

But is it the right plan for you?

Perhaps you’re ready to create a new retirement plan for your employees. Maybe you’re looking to change from the plan you currently have.

ADP retirement services are an option worth considering, yet they certainly get mixed reviews.

Today we’re taking a hard look at the ADP 401k plan.

Keep reading to learn everything you need to know before deciding if the ADP 401k plan is right for your practice and employees.

Stocks Snap Losing Streak On Renewed Trade Optimism

July 9, 2025September 3, 2019 by Justin Nabity

Stocks ended a volatile August on a high note, snapping a four week losing streak as trade optimism carried markets higher. The week started on a positive note as President Trump appeared to deescalate recent trade tensions stating he believed China wanted to make a deal and the prospects for a deal were the best … Read more

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