Financial Planning Posts

Happy physician working at a computer.
Updated: November 14, 2022

403(b) vs 457(b) Retirement Plans: Which Is Better for You?

Melissa Brock
By Melissa Brock
A 403(b) plan allows employees to contribute some of their salary to the plan. 4 ... Read More
Financial Planning
Female physician works on her laptop in her office.
Updated: November 10, 2022

What is a 457(b) Plan & Is It Right For You?

Melissa Brock
By Melissa Brock
457s are nonqualified, tax-advantaged deferred compensation savings plans for go ... Read More
Financial Planning
Happy physician looking at phone
Updated: February 5, 2025

Rolling Over a 457 Plan to an IRA: What You Need to Know

Screenshot 2024 03 14 at 3.32.22 PM
By Eric Bork
A 457 plan is an employer-sponsored, tax-favored deferred compensation plan for ... Read More
Financial Planning
Smiling older physician on the phone in his office.
Updated: November 4, 2022

Physician LLCs: Benefits to Know & How to Get Started

Melissa Brock
By Melissa Brock
An LLC for physicians has more tax flexibility than a corporation, as they are t ... Read More
Financial Planning
a female resident physician works on her computer
Updated: January 2, 2025

Tax Deductions for Medical Residents to Know in 2025

Screenshot 2024 03 14 at 3.32.22 PM
By Eric Bork
As a medical resident, figuring out tax deductions and how to best reduce your t ... Read More
Financial Planning
An accountant sits at his desk
Updated: October 26, 2022

Accountants for Doctors: What to Look for in a CPA

Melissa Brock
By Melissa Brock
CPAs can handle all manner of taxes (not just tax deductions), including tax pre ... Read More
Financial Planning