
Stupid Debts and the Doctors Who Love Them
…programs and employer loan payback programs hanging out there, many doctors start thinking maybe they won’t have to pay back their loans at all. So they subconsciously take out more…
…programs and employer loan payback programs hanging out there, many doctors start thinking maybe they won’t have to pay back their loans at all. So they subconsciously take out more…
…prepared to pay insurance premiums, out-of-pocket costs, and deductibles, as well as potentially pay for unexpected medical expenses. No wonder planning and navigating the world of healthcare options as an…
…monthly pay-check has now doubled, tripled, or maybe more (my take home residency pay check was 1/5 of my attending take home paycheck). This all sounds like good news, right?…
…scrutiny: Many S Corps dodge payroll taxes by disguising employee salaries as distributions. The IRS is closely watching, so you need to pay market salaries for services before any distributions….
…physician incomes, our debt burden, and the personal finance failures that often lead to a high-earning physician living paycheck to paycheck. How Much Money Do Doctors Make? …
…reason, but you will pay income tax if it not used to pay for healthcare expenses. Note that HSA money cannot pay for health insurance premiums, but can cover out-of…
…later on. There are pros and cons to each approach. Let’s discuss. Pay As You Go With this strategy, you pay for medical expenses with HSA money when the…
…will pay off $150,000 in 5 years ($30,000 annually). Thus, we are on track to pay off my wife’s debt completely by the end of this calendar year, with the…
… First I have to admit, I have NOT paid off my students loans yet, and frankly, I would never pay them back early (well maybe that last payment!). I…
…your purchase history, create reports, and manage expenses efficiently. Vendor Pay by Bill.com: Use Vendor Pay by Bill.com to pay bills using your card. With the basic plan, there’s no…
…pensions. Let’s review how each works. Defined Benefit Pension: Defined benefit pensions are the most common kind of pension and make lifetime payouts based on your salary while employed. Payout:…
…where he saw firsthand how salary transparency could transform how we make career decisions. By crowdsourcing pay data, Glassdoor gave employees the leverage they needed to negotiate fair pay. It…
…for individual filers), you’ll pay no federal income tax. If you earn more that, you’ll pay at least 15% tax on the gains. Above $250,000 in modified adjusted gross income,…
…Though the focus of 529 plans is on paying for college, starting in 2018, you can withdraw up to $10,000 per child without incurring federal tax penalties to pay for…
…4. How Do Students Pay for Medical School? Many students pay for medical school using a combination of personal or parental savings, scholarships, grants, and loans. Some students also work…
…whole life; it will be free when I retire. It is easy to see the FICA deductions on your paycheck and assume you are paying-in-full for healthcare in the future….
…will pay an additional premium. Medicare Part B also has a $226 deductible in 2023. After that, you will be expected to pay 20% of the Medicare-approved amount for most…
…innovation helped people trust online payments. Today, PayPal is widely used for buying and selling on the internet. Their role in digital payments has made them a vital part of…
…coverage, if I require this type of care for an extended period of time, my wife will still be in good shape as my life insurance would pay out when…
…wants to sell you something, like whole life insurance. It’s stupid. Not only do you pay the penalties, pay taxes at the highest possible rate, lose the asset protection benefits…
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