Updated: July 15, 2022. The Biden Administration has made key changes to student loan payments, servicers, and forgiveness opportunities. Doctors may need to take action to restart payments, revisit refinancing, or qualify for PSLF or IDR forgiveness under the new rules.
[Read more…] about Student Loan Changes in the Biden AdministrationWhat Biden’s Tax Plan Means for Doctors
Recently, Congress released proposed legislation to codify President Biden’s Tax Plan, also known as the American Families Plan. In its current form as the Build Back Better Act, the bill could be the most significant overhaul of the tax code in decades. For doctors, the proposed changes include higher tax rates, changes to retirement savings options, and new tax breaks for families.
[Read more…] about What Biden’s Tax Plan Means for DoctorsEverything You Need To Know When Hiring a Nanny
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.
[Read more…] about Everything You Need To Know When Hiring a NannyCARES Act and Doctors with Student Loans
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.
[Read more…] about CARES Act and Doctors with Student LoansPhysician Home Buying Guidelines
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 attending salary, you want to go buy a “doctor house.”
[Read more…] about Physician Home Buying GuidelinesHow to Easily Monitor Your Credit
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 have been hacked.
[Read more…] about How to Easily Monitor Your Credit