Personal Finance

Many doctors transfer assets to a spouse as part of an asset-protection plan. But, this strategy does not consider what might happen in a divorce.

The stock market has significant scrutiny and regulation. Side investments, however, are a different story, so be careful where you invest your money.

The jungle of financial service professionals is a dense one. Here's how to navigate your way out of danger.

A recent U.S. Tax Court ruling should provide food for thought for physicians accepting guaranteed bonus payments from their hospital employer.

While creditor protection for IRAs is provided by law, there are several other important asset-protection issues doctors need to consider.

There is a "big three" of financial planning that are musts for young physicians beginning their careers.

Looking at your investment statements leads to emotions, which can lead to financially injurious behavior by physicians.

Done incorrectly, big year-end bonuses can result in big trouble, as seen in the case of one Illinois physician.

There are three choices physicians need to make when it comes to investing in municipal bonds. Here's what to consider first.

Physicians should plan for a certain level of income in retirement, but must also accept the many variables they can't control.

Few domestic employers realize they are responsible for the same wide range of legal and tax issues at home that they are in their medical practices.

Employed physicians lose many of the tax advantages and other benefits of running their own practice. Here are some ways to counteract the negative effects.

For many physicians, art and jewelry are good investments - but not necessarily in the financial sense.

Harrison Ford's airplane crash is another unfortunate event that can be used as a teachable moment for physicians and their financial future.

Why physicians may want to proceed cautiously when considering delayed annuities with guaranteed withdrawal benefits.

When attempting to find a great financial adviser, look for many of the qualities you would look for in a great physician.

A real-life example shows us that personal liability insurance and large umbrella policy are vital parts of a strong asset protection plan for physicians.

The 401K plan is the overwhelmingly popular choice of retirement plans for most medical practices. But some may want to consider the Simple IRA.

One of the trickiest aspects of evaluating money and investments is the aspect of time. Have you considered how time could impact the value of your money?

The uncertainty of knowing just how much money one will need over decades of retirement is a challenge faced by most physicians.

The law can limit a physician’s potential income by placing a cap on earnings. Here's when, why, and what physicians should know.

Physician parents must continue to foster smart money skills in their children through the college years. Here are some tips.

As tax season approaches, tax scams targeting doctors once again spike. Here are some basic tips for protecting yourself from criminals and the IRS.

The teenage years are a critical time for children to gain financial independence. Here's how physician parents can help.

Physicians should start fostering money skills in their children from a young age. Here are some techniques to try.