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In this episode of the Money Meets Medicine podcast, hosts Justin Harvey CFP and Dr. Jimmy Turner discuss the importance of checking your end-of-year paycheck, sharing a personal anecdote about an HSA mishap due to administrative changes. They emphasize understanding tax withholdings, ensuring proper retirement contributions, and using employer benefits like academic or CME funds. They also address the complexities of paycheck errors, production-based compensation, and tax implications for physicians, including considerations for changing jobs and charitable giving strategies.
Looking for a free book to get you started on your financial journey? Download The Physician Philosopher's Guide to Personal Finance at https://moneymeetsmedicine.com/freebook
Every doctor needs disability insurance. Get it from a source you can trust at https://moneymeetsmedicine.com/disability
4.7
211211 ratings
In this episode of the Money Meets Medicine podcast, hosts Justin Harvey CFP and Dr. Jimmy Turner discuss the importance of checking your end-of-year paycheck, sharing a personal anecdote about an HSA mishap due to administrative changes. They emphasize understanding tax withholdings, ensuring proper retirement contributions, and using employer benefits like academic or CME funds. They also address the complexities of paycheck errors, production-based compensation, and tax implications for physicians, including considerations for changing jobs and charitable giving strategies.
Looking for a free book to get you started on your financial journey? Download The Physician Philosopher's Guide to Personal Finance at https://moneymeetsmedicine.com/freebook
Every doctor needs disability insurance. Get it from a source you can trust at https://moneymeetsmedicine.com/disability
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