ER Docs have a unique characteristic of being "hybrid earners," meaning accepting income both as an employee earning a W-2 and as a contractor earning 1099 in the same year. And we find a large percentage do exercise this ability; if not in most years, eventually at some point in their careers. So that begs the question: is there a perfect mixture of 1099 vs. W-2 that yields specific advantages, like tax savings and retirement deferral opportunities? And is there a point where earning too much of one over the other yields diminishing returns?

Nobody wants to work more to earn less, so we'll look into those questions in today's episode and get into what that hybrid-earning "sweet spot" could look like.