Financial Management

Investors often hear the phrase “don’t put all your eggs in one basket,” and interpret it as a warning against owning too much of one individual stock in a portfolio.

“Life is like riding a bicycle. To keep your balance, you must keep moving.”

Among the various types of liability that physicians may face, including employee claims, HIPAA violations, cyber liability and slip-and-fall injuries, medical malpractice may be the most impactful.

At the end of 2022, Congress passed a massive 4,155-page spending package that included SECURE Act 2.0, which provided numerous improvements to retirement savings and distribution rules.

Today’s economic environment and market volatility have caused many DIY investors to reconsider working with professional financial advisors. Those who work with advisors also may be evaluating their advisor and investigating alternatives.

At the end of 2022, Congress passed a massive 4,155-page spending package that included SECURE Act 2.0, which provided numerous improvements to retirement savings and distribution rules.

In the latest Residency to Retirement column, David B. Mandell, JD, MBA, and Andrew Taylor discussed how to adequately get paid for the cash in your savings account.

The Consolidated Appropriations Act of 2023, enacted on Dec. 29, 2022, includes the Secure 2.0 Act of 2022, which contains many provisions designed to expand retirement coverage, increase retirement savings and clarify retirement rules.

Let’s start by getting to the point. You should call your bank and find out what you are making on your cash.

Disha Spath, MD, FACP, recalled back to her college years wanting to understand why certain people seemed to have their finances together whereas others did not.