Archive For: Tips

Physician Tax Planning and Investment Vehicles

It is essential for new physicians to understand the structures and tax-advantages of different employer-offered retirement plans. When you sign the employment contract for your first attending position, your financial position can transform dramatically overnight. Along with a substantial raise, you can expect a considerable increase to your tax burden. To evaluate an employer’s retirement ... Read More
 

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

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
 

A Step-by-step Guide to Physician Work-Life Balance

For most physicians, medicine is more than just a career: it’s a calling. However, being passionate about your profession can come as a double-edged sword. On one hand, your work is extremely stimulating and fulfilling. On the flip side, it can be difficult to set healthy boundaries between work and the rest of your life ... Read More
 

What You Need to Know About the Cost of Disability Insurance

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 ... Read More
 

Your Complete Guide to Physician Compensation

It’s no secret that compensation can be a difficult discussion with potential employers. Here, we’ll give you everything that you need to navigate that discussion and start earning what you’re worth. We’ll delve into understanding your worth, evaluating (and prioritizing) the roles that will bring you the most happiness, and the four key factors to ... Read More