Personal Finance

Practices must stay abreast of legal changes affecting 401(k) plans to ensure they don’t face legal action for not properly monitoring them.

Finding the right professional to guide your financial future can be tricky. Make it easier with these tips.

Not all financial advisers are created the same. Make sure to do your due diligence before you commit to a working relationship.

Don’t bring bad habits into 2016. In the New Year, identify the risks and solutions needed to make your practice financially better off.

You can check on patients and correct errors by regularly looking at their data, but you can’t do the same with investments.

How can you make sure your money keeps working for you in retirement? Here are some strategies for investment in the latter years of your life.

Here are some tips to effectively help your elderly parents with their finances, including getting them the right health insurance.

How can you reduce taxes if you run a practice? Funding a retirement plan with pretax dollars, an HSA, and more can get you started

Practice owners should be leery of potential financial fraud, which seems to peak at the end of the year. Here are some things to look out for.

Value-based reimbursement isn't the future for physicians; it's here. It's time to tie quality outcomes to compensation.

Do yourself a favor: participate in as many quality programs as make sense for your practice.

With people staying healthy and active into their nineties, retired physicians have to figure out how to not run out of money. Here are some strategies.

While people don’t often use home equity, it can be a “buffer” if things go poorly. Here are a few ways to use it as an asset.

With a large number of physicians planning to retire in the next few years, it will be important for them to plan ahead before hanging it up.

Here are five practical tips for physicians that are planning on retiring in the next few years and don’t want to be ill-prepared.

A common and recurring question I get from doctors is, "How many LLCs do I need?" The best answer requires a fact specific look at your assets.

Do you have a plan if one of your partners in your medical group retires? If not, start devising one today.

Incurring too much personal debt can add to physicians' sense of stress and negatively affect well-being. Here are five simple strategies to take control.

The topic is complex, but understanding rising interest rates is important when evaluating fixed income investments.

I'm often asked how much life insurance physicians require and what type I recommend. Here are my answers.

LLCs can be great tools if used the right way, unfortunately many of them are being actively marketed to doctors for the wrong reasons.

Here are three critical issues to avoid for physicians to buy a home after residency and facing a mountain of student debt.

The OIG fraud alert warns physicians to be wary of compensation arrangements that could violate the Anti-Kickback Statute.

Here are some common financial questions I'm asked that I frankly don't know the answer to, as well as a few I do have guidance on.