Orthopedics Today | Among the various types of liability that orthopedic surgeons may face, including employee claims, HIPAA violations, cyber liability and slip-and-fall injuries, medical malpractice may be the most impactful.The consequences of possible medical malpractice liability should be considered by orthopedic surgeons who treat relatively young, otherwise-healthy patients because these patients may
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.In a broader sense, all investors, especially physicians in high-income tax brackets, should also apply that caution to their future tax liability during retirement and consider the fundamental long-term strategy of
Orthopedics Today | 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.Section 126 of that bill included a provision that amended the Internal Revenue Code. The change allows for tax-free and penalty-free rollovers from 529 plans to Roth IRA accounts starting in 2024.
As we approach year end, many physicians inquire about ways to reduce their tax obligations for the current tax year. Many physicians are focused on leveraging well known tax saving principles, such as maximizing the use of tax-advantaged benefit plans, college education planning through 529 plans and charitable giving. For investors with taxable brokerage accounts, one strategy that is often