March 2022

A Guide to Retirement Planning for Doctors

Working in medicine may be challenging, especially with the strain placed on health care professionals throughout the COVID-19 pandemic. Working towards a comfortable early retirement may be a financial goal for some physicians. Here are some suggestions that doctors may use to manage financial independence. Investigate Qualified Retirement Plans Physicians are often subject to complex […]

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Working During Retirement

Planning on working during retirement? If so, you\’re not alone. An increasing number of employees nearing retirement plan to work at least some period of time during their retirement years. Why work during retirement? Obviously, if you work during retirement, you\’ll be earning money and relying less on your retirement savings — leaving more to

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What to Do if You Underpay Your Taxes

Every year, there are taxpayers that underpay their taxes. It just happens. But if you do that, no matter how innocent your underpayment might have been, you can be subject to penalties. The IRS issued a statement to help those who underpay to avoid penalties. From the IRS: “Taxpayers who paid too little tax during

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Everything Older Workers Need to Know About Retiring

Many workers have been dreaming of retirement since they first entered the workforce. However, once this retirement date draws near, the prospect of giving up your primary source of income may be nerve-wracking, even if you\’ve diligently saved and planned. Below, we discuss a few steps you may wish to take to potentially make this

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