Physician Family Financial Advisors Blog

As a physician mom or dad, you put everything into your practice and your kids — so you want to do the right thing with the money you earn. This blog explores the topics that matter most to physician families: investing for retirement, saving for college, and raising financially responsible children.

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Solo 401(k) vs. SEP-IRA for Physicians With 1099 Side Income physician career retirement planning tax strategy Jul 15, 2026

You take a W-2 job for the bulk of your income, and then you pick up locum shifts, read studies on the side, sit on an advisory board, or moonlight a ...

Relocating for a New Attending Job? The State Tax Questions to Ask Before You Sign college savings physician career tax strategy Jul 15, 2026

You matched, you trained, and now a contract is sitting in your inbox with a number on it that finally reflects all those years. The base salary looks...

The QBI Deduction and Physicians: Why Most Specialists Phase Out, and Who Still Qualifies physician career residency & fellowship tax strategy Jul 15, 2026

If you have ever heard another business owner talk about the 20% deduction they get on their business income and wondered why it never seems to show u...

Leftover 529 Money: The New Roth Rollover Option for Physician Families college savings retirement planning tax strategy Jul 15, 2026

You opened the 529 when your oldest was in diapers, back when residency felt like it would last forever. Now there is a college diploma on the wall, a...

Does Your Hospital 401(k) Allow a Mega Backdoor Roth? How Physician Households Can Find Out investing retirement planning tax strategy Jul 15, 2026

You have heard the term mega backdoor Roth. Maybe a colleague mentioned it in the doctors' lounge, maybe a podcast brought it up between cases. The id...

Donor-Advised Funds for Physicians: How Bunching Charitable Gifts Can Smooth High-Tax Years investing tax strategy Jul 15, 2026

You give to your church, your kids' school, the residency program that trained you, the relief fund that came across your feed last winter. The giving...

457(b) Plans for Hospital-Employed Physicians: Why Governmental vs. Non-Governmental Changes Everything physician career retirement planning tax strategy Jul 15, 2026

Your hospital benefits packet lands on your desk, and somewhere past the 401(k) and the 403(b) you spot a line for a 457(b) plan. The pitch is appeali...

When Should a Physician Open a Taxable Brokerage Account? A Practical Framework for After the Tax-Advantaged Stack Is Full financial planning fundamentals investing retirement planning tax strategy May 12, 2026

Almost every physician household eventually hits the same moment. The 401(k) is set on autopilot, the backdoor Roth is happening every January, the HS...

Tax-Loss Harvesting in a Physician's Taxable Brokerage: What Actually Moves the Needle cash flow & budgeting investing tax strategy May 12, 2026

If you're a physician with a taxable brokerage account, you've probably heard tax-loss harvesting (TLH) described as a kind of quiet magic: sell the l...

S-Corp vs. Sole Proprietor for Locum Physicians: The Tax and Retirement Trade-offs physician career practice management retirement planning tax strategy May 12, 2026

If you're a locum physician, 1099 moonlighter, or independent contractor picking up shifts between W-2 jobs, at some point a friend, a CPA, or a podca...

The Backdoor Roth IRA: The Pro-Rata Rule and Other Pitfalls Physicians Keep Missing investing retirement planning tax strategy May 12, 2026

The backdoor Roth IRA is one of those strategies that sounds tidy on a podcast and feels surprisingly stressful in real life. The mechanics are simple...

529 vs. Roth IRA vs. Taxable Brokerage: How Physician Parents Weigh College Savings Accounts college savings investing tax strategy May 12, 2026

If you are a physician mom or dad, the college-savings question rarely shows up alone. It usually arrives tangled up with the student loans you are st...

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