Practice Finance

With the year-end approaching, it's a good time to evaluate your financial situation and consider tax-planning opportunities.

A cash balance pension plan and other forms of defined benefit pension plans can be great ways for practices that can afford them to dramatically increase retirement savings while reducing taxes.

During these challenging economic times, many medical professionals are re-examining their personal and professional finances.

The recent downturn in the economy has taken long-standing personal finance calculations and turned them on their head. As a result, many of us face an endless set of questions regarding our financial planning.

Large IRA accounts pose both income and estate-planning challenges.

The investment consensus has shifted recently from inflation worries to concerns about deflation.

Find out whether school debt impacts the home mortgage loan process.

Know whether your 129 bank is in trouble.

Understand more about why refinancing rules have changed.

Understand whether it is wise to institute an electronic health records system just prior to retirement.

Know whether your family can inherit your IRA account.

Discover whether there is a way that spouses combined can contribute more than $13,000 annually to children's 529 accounts.

401(k) plan?

Retirement benefit options I can

Determine whether gold is a safe investment.

The financial services reform legislation passed in July contains numerous provisions, two of which will be of interest to physicians. One concerns banking and lending; the other involves investing.

Offer my employees instead of a

Understand how Social Security tax payments work.

How to defend against tax audit.

Learn about 401(k) interest before proceeding with plans to withdraw money.

Monitor how tax laws change as you review your investments.

Learn the detals of a buy-sell agreement.

Why do some 401(k) portfolios perform better than others?

How to know whose health plan to use for your children in case of divorce.

Know how to pay your taxes as locum.