STRAIGHT TALK ON PHYSICIAN FINANCES

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Practical financial advice to help doctors build and protect wealth

If you work as a 1099 contractor, start with our resources for independent contractor physicians.

Trump Accounts launch July 4, 2026. Physicians with children born 2025-2028 get $1,000 in federal seed money plus annual contributions. Here's what to know.
Compare W-2 and 1099 physician contracts for long-term wealth building. Tax advantages, retirement options, and contract negotiation strategies for physicians.
Learn how in-service withdrawals can transform your retirement strategy by unlocking greater investment flexibility and control while you're still employed as a physician.
Facing a pension decision? Learn how physicians should evaluate lump sum vs. monthly pension options to maximize retirement security and align with your financial goals.
Learn how the timing of market returns can dramatically impact your retirement success. Identical portfolios can end with a 13x difference based on when you retire.
Independent contractor physicians: discover which retirement plan can save you the most. See real examples comparing SEP IRAs, Solo 401(k)s, and Defined Benefit plans.
As a financial advisor who works exclusively with physicians, I've fielded this question countless times: "Should I put my spouse on the payroll of my practice or LLC?" It sounds like an appealing strategy—keeping income in the family while potentially creating tax advantages. However, like many financial decisions, the reality is more nuanced than the internet might lead you to believe.
Discover how Qualified Longevity Annuity Contracts (QLACs) can help physicians reduce RMDs, minimize taxes, and secure guaranteed income in later retirement years.
Tesla knew exactly what it was doing when they designed Tesla’s heaviest model electric vehicle—all automakers targeting that market do.
Discover how physicians can minimize Required Minimum Distributions and their tax burden in retirement through QLACs, Roth conversions, and other proven strategies.