The IRS has increased limits for 2018 – for those of you maxing out your retirement plans and/or HSAs – this is especially important for you!
Study Reveals Physicians In-training are Failing Financially
Are physicians bad with money? This recent study helps answer the question using data collected from 422 medical residents and fellows at Washington University and the University of Arizona. The participating physicians completed a quiz…
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Mega-Deduct and Convert: Save Thousands On Roth IRA Contributions
This article from the Finance Buff explains a great way to save hundreds on Roth IRA contributions. But I wanted to expand upon this idea and highlight an even bigger way to save using a similar strategy. Thanks…
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PSLF Lawsuits and Why You Can’t Rely On Servicers for Good Student Loan Advice
As borrowers begin to apply for public service loan forgiveness, many are finding that they were never eligible, despite previously being approved by their loan servicers. As a result, many are filing suit against the Department of Education, as well as servicers like Navient who previously informed borrowers that they were approved.
Student Loan Perks Designed to Recruit Physicians Can Actually Hurt Them
As a result, hospitals are increasingly introducing physician loan repayment perks for new hires to drive recruitment. However, confusing intricacies with the new public service loan forgiveness program are causing major unintended consequences.
WFP’s Recommended Reads: December 2016
At the end of each month, we provide a list of finance-related articles to help keep you informed about the hot topics in finance. Here are some of the best articles we read in the month of December.
5 Questions Every Physician Must Ask Their Financial Adviser
Unlike most professionals, financial advisers have a choice of operating under one of two professional standards: suitability or fiduciary. The fiduciary standard requires advisers to act in their client’s best interests, whereas the suitability standard does not.
Reducing the Noise: Making Better Investment Decisions
When it comes to investing, perhaps the single most common thing we see that trips up our clients is the temptation to act on the chatter around them.
WFP’s Recommended Reads: November 2016
At the end of each month, we provide a list of finance-related articles to help keep you informed about the hot topics in finance. Here are some of the best articles we read in the month of November.
How We’re Investing for the Presidential Election
With Tuesday’s election looming, investors around the globe are growing concerned about what the results may mean for their portfolios. I’m here to tell you not to worry about it. I could present to you…
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Why Using Your HSA Balance Now Is Not Always Smart
Most people assume it’s best to use their HSA for out of pocket healthcare costs. But is that really the smartest decision? How The HSA works Contributions are pre-tax or tax-deductible in the year they’re…
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Active vs. Passive Investing
This is a guest post from Miranda Marquit, a financial journalist. She writes for a number of publications about subjects related to money. You can read more of her writing at PlantingMoneySeeds.com.
One of the best ways to build wealth over time is to invest. The earlier you begin investing…