Today’s episode of Money Minutes for Doctors is all about Disability Insurance (DI). You’ve probably heard the rumor that it’s best to get Disability Insurance as soon as you can, and we are here to confirm that.
529 Plans for Doctors [Podcast]
Doctor's Asset Protection [Podcast]
Negotiating a Doctor's Contract, Part 2 [Podcast]
Negotiating a Doctor's Contract Part 1 [Podcast]
Money Mistakes Woman Doctors Make [Podcast]
Roth IRAs for Doctors [Podcast]
William Roth created the Roth IRA in 1997 as a tax-free retirement investment. This investment will grow tax-free and can’t be taken out until you have reached 59 1/2 years of age. There are no RMDs (Required Minimum Distribution), so you can wait and let that money keep growing, even after you reach the minimum age to start taking money out. If you do this, you can keep making contributions up until 70 1/2 years old.