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The last quarter of any year can be scary. Whether it is financial and familial pressures, it can certainly feel like everything during the year has built up to be finally dealt with now. It does not have to be that way. In fact, it should be a motivational and magical time of year!   […]

There are two types of dividends paid out to investors: Ordinary and Qualified. The time an investor has owned a stock determines whether the dividend will be considered Ordinary or Qualified. The other difference between these is the tax treatment of the dividend.   Previously, all dividends were considered Ordinary dividends with taxes owed at

A career as a Physician almost always guarantees a lifetime of high earning. So, why is it so important to learn how to effectively manage a high-income budget? After all, most Physicians expect to work into old age without hitting any financial hiccups. The first step to establishing a solid financial plan is to understand

The 2019 Secure Act made substantial changes to Family Estate Planning. These new tax rules on inherited tax-deferred retirement accounts: Traditional IRAs, 403(B)s and 401(k)s, greatly impact Physicians.   Under the previous rules, heirs had their entire lives to draw down tax-deferred retirement accounts. With this regulation, tax impacts could be minimized in any one

A recent consumer financial behaviors study found that people with more than $1.2 million in household assets report higher levels of happiness when working with a Financial Advisor compared to those who don’t.   In the study, happiness was measured through four core factors of happiness – fulfillment, intention, impact, and gratefulness. How participants responded

With President Biden’s recent student debt relief announcement, there are many questions surrounding qualifications for borrowers. Evidently, there were some people excluded from the pause on payments beginning at the start of the pandemic. Many of these borrowers are those who hold a subset of federal student loans under the Federal Family Education Loans program.

  Over the next decade, the US will see a severe Physician shortage, however, one area experiencing growth is Osteopathic Medicine.   This field applies a unique patient-centered approach to the full spectrum of care. A D.O. considers lifestyle and environmental factors in addition to symptoms. It is viewed as treating the whole person, not

  With the expiration of pandemic-related support approaching, this three-part plan aims to help working and middle-class federal student loan borrowers. Part 1 of the plan is a final extension of the student loan repayment pause. The pause will be extended through December 31, 2022, with payments resuming on January 1, 2023. The extended pause

With years of being a high-income earner, accumulating wealth should be easy right? As it turns out, that is not always the case. Wealth is a measurement of net worth, which is everything you own (assets) minus your debt (liabilities). An expert recommends you should not have debt of more than 15-33% of your net

No matter what type of investor you are: using dollar-cost averaging or a constant dollar plan can be a good strategy to lower investment costs, minimize risk, and potentially boost your returns. It involves investing the same amount of money in a target security at regular intervals over a certain period, regardless of price. Dollar-cost