For practicing physicians, the decision to refinance a mortgage is rarely about “making ends meet.” With a high household income, the monthly mortgage payment is typically manageable. Instead, the real question is one of using time and money efficiently: Is the financial gain of a new loan worth the offsetting costs?
As a physician, you may find yourself ineligible for Roth IRAs due to income limits. But there’s a solution tailored just for you: the Backdoor Roth IRA.
Whether you are a dual doc family, a doc with another professional, or a single doc with children, child care is one of the most significant and essential expenses you’ll need to address.
On Friday, President Trump signed the $2 Trillion COVID-19 stimulus package named the Coronavirus Aid, Relief, and Economic Security (CARES Act). The CARES Act provides some definite benefits if you have Federally held student loans. We wrote this article to help doctors with student loans understand and take advantage of the CARES Act benefits.
As a new physician, you’ve sacrificed years watching friends buy new cars and first homes, while you’ve spent an extra four years in medical school with no income. You followed that up with three to nine years of residency and fellowships at depressingly low-income levels. It’s no wonder then, when you finally get your new…
Why You Should Monitor Your Credit There are many reasons to stay on top of your credit. The most obvious reason is to identify if someone has illegally accessed one of your accounts or possibly even stolen your identity. You should assume that your personal information is readily available to criminals. Even the credit bureaus…