Adam Braunscheidel

3 weeks ago | dermatologytimes.com | David Mandell |Adam Braunscheidel

Thus far, 2025 has been a challenging year for investors. Pullbacks in the US and other stock markets due to tariff policy and the fear of trade wars have cost investors dearly over the first 2 quarters. Some dermatologists may see this increased volatility and be fearful of what comes next. They might even consider selling their investments and “going to cash.”An emotional reaction to a stock market decline is natural, but as we hope to show you in this short article, reason should rule the day.

1 month ago | healio.com | David Mandell |Adam Braunscheidel

Key takeaways: Incapacity planning not only protects assets but also ensures that medical care preferences are followed. Plans should be reviewed at least annually or after significant life events. Although estate planning is often “on the radar” for physicians, too often they ignore another important planning area — incapacity planning.

2 months ago | dermatologytimes.com | David Mandell |Adam Braunscheidel

Many physicians identify their No. 1 financial goal as achieving a comfortable retirement on their terms. For both practice owners and employed dermatologists, a qualified retirement plan (QRP) will likely be a fundamental factor in achieving retirement financial goals. This article provides an overview of QRP basics. For a more in-depth discussion, we encourage you to use the Dermatology Times code found at the end of this article to get a free copy of our latest book.

Feb 17, 2025 | healio.com | Sanjeev Bhatia |David Mandell |Adam Braunscheidel

For high-income earners, including physicians, getting funds directly into a Roth IRA or other after-tax accounts can be a complex challenge. For 2025, the income phase-out range will increase to between $236,000 and $246,000 for married couples filing jointly, up from between $230,000 and $240,000 in 2024.

Feb 5, 2025 | healio.com | Sanjeev Bhatia |David Mandell |Adam Braunscheidel

Key takeaways: A popular method to circumvent income limits on direct Roth IRA contributions is with the backdoor Roth IRA. Roth 401(k) deferral contributions may be a more straightforward path for funding after-tax accounts. For high-income earners, including physicians, getting funds directly into a Roth IRA or other after-tax accounts can be a complex challenge.