Personal Finance
Articles
Are Hidden 401K Fees Costing You Thousands?
Retirement plans such as 401(k)s, 403(b)s, and cash balance plans are essential pillars of long-term financial security for physicians and professionals. However, as highlighted by Dr. Jimmy Turner and forensic 401(k) consultant Paul Sipple in a recent episode of the...
The Ultimate Bitcoin Tax Loss Harvesting Guide
Post-tax investing outside of retirement accounts can be extremely beneficial for high-income earners, particularly those who have their sights set on early financial independence or who are seeking to Coast FIRE. Arguably, the biggest advantage of investing outside...
6 Lessons From Kyle Busch’s IUL Law Suit for Physicians
Have you heard about the high-profile lawsuit between NASCAR driver Kyle Busch and Pacific Life over an Indexed Universal Life (IUL) insurance policy? While the sheer scale of the case—over $10.4 million in premiums and alleged losses exceeding $8.5 million—is...
Affinity Fraud and The Hidden Dangers of Physician-Targeted Real Estate Deals
Physicians are no strangers to financial pitches—especially those promising passive income, early retirement, and a way out of the grind of clinical practice. But as recent events have shown, not all that glitters is gold. In a recent episode of the Money Meets...
1099 vs. W-2 for Physicians: A Deep Dive into Financial Implications
Choosing between being paid as a 1099 independent contractor versus a W-2 employee is one of the biggest financial decisions physicians make. At first glance, 1099 roles often look more lucrative — higher hourly rate, more flexibility, fewer rules. But when you...
Should I Refinance My Mortgage After Fed Rate Cuts?
Interest rates are a hot topic in the world of personal finance, especially for medical professionals who often juggle significant student loans, mortgages, and other financial commitments. In a recent episode of the "Money Meets Medicine" podcast, hosts Dr. Jimmy...