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Your Comprehensive Review of the ADP 401k

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 … Read more

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How To Increase Your Income As A Physician

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

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What’s Missing in Your Financial Plan?

As a physician, what key elements are missing in your plan to get on track and stay on course for success? There’s no denying that physicians have a greater opportunity to earn a great living and build wealth than most people. However, they also face several challenges, such as the initial delay in starting their … Read more

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Why You Should Look for a Registered Investment Advisor

Who should manage significant wealth? In recent years, more and more high net worth households have found their answer to that question: a Registered Investment Advisor.

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Physician Contracts: Independent Contractor or Employee?

As a physician, there will likely come a time when you need to secure a new position with a hospital, a health care group, or a privately-owned medical practice. All are opportunities in which to practice your specialty, earn a commensurate salary, and provide care for patients. But not all positions are the same. While … Read more

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What’s Missing in Your Financial Plan?

As a physician, what key elements are missing in your plan to get on track and stay on course for financial success? There’s no denying that physicians have a greater opportunity to earn a great living and build wealth than most people; however, they also face several challenges, such as the initial delay in starting … Read more

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Partnership Track

What is a Partnership Track? A partnership track refers to a structured pathway within a medical practice or healthcare organization that allows physicians to progress from employee status to full or partial ownership (i.e., partnership) in the practice. This track typically includes predefined milestones related to tenure, performance, revenue generation, and contributions to the practice. … Read more

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Deferred Compensation

What is Deferred Compensation? Deferred compensation refers to a portion of an employee’s earnings that is set aside to be paid at a later date, typically after retirement. This can include retirement plans, pensions, or other arrangements where income taxes on the deferred amount are delayed until the physician receives the funds. For physicians, deferred … Read more

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The Beginner’s Guide To Buying An Investment Property

Investing in real estate has a reputation for being the game of the rich. However, anyone who follows the right steps can become rich thanks to real estate, not just those who start off wealthy. Still, the process is far from easy and takes a lot of preparation and starting capital. In this guide, we’ll … Read more

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Factors to Consider When Buying a Second Home as a Physician

If you have a solid emergency fund, have begun saving for retirement, and have paid off all your debts, you may be in a good position to buy a second home. Still, just because you can do it doesn’t mean you always should. To make a decision, you will need to look at the pros … Read more

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