January 16th 2025
Discover financial strategies and side hustle tips for employed dermatologists to maximize benefits, build retirement wealth, and achieve career success.
Evaluating Job Opportunities: Financial Factors to Consider
May 3rd 2022“Given the difference in state taxes, the bottom-line difference for the physician could be in 6 figures—every year! Compounded with even a conservative growth rate, this could mean millions of dollars of difference over a career.”
Qualified and Nonqualified Retirement Plans: Why Many Dermatologists Should Use Both... but Don’t
April 15th 2022“With a traditional QRP [qualified retirement plan], a participant trades today’s tax rates on their contribution for the tax rates in the future, when they withdraw the money from the plan. If rates rise, the QRP might prove not to be a good deal at all.”
Proper Coding Gets Practices What They Are Owed
April 4th 2022A physician’s goal is to care for patients, but a key part of being able to provide that care is the eternal quest for payment. One way to ensure that a practice maximizes its coding regimen is to make sure each session can be efficiently billed.