Bob Peelman

3 weeks ago | healio.com | Sanjeev Bhatia |David Mandell |Bob Peelman

Key takeaways:Provisions in the SECURE 2.0 Act allow individuals to make super catch-up contributions to their retirement plans. Individuals aged 60 to 63 years can participate in these higher catch-up contributions. Reaching a comfortable retirement is the number one financial goal for nearly all physicians. To that end, qualified retirement plans can play a major role. Any new opportunity in qualified retirement planning is noteworthy for all doctors, especially for those nearing retirement.

Jun 10, 2024 | healio.com | David Mandell |Bob Peelman |Mindy Valcarcel

You've successfully added to your alerts. You will receive an email when new content is published. Click Here to Manage Email Alerts We were unable to process your request. Please try again later. If you continue to have this issue please contact [email protected]. Key takeaways: There are important deadlines for when individuals must begin retirement account withdrawals. Contribution limits for a traditional or Roth IRA have increased for 2024.

Apr 11, 2024 | healio.com | David Mandell |Bob Peelman |Mindy Valcarcel

You've successfully added to your alerts. You will receive an email when new content is published. Click Here to Manage Email Alerts We were unable to process your request. Please try again later. If you continue to have this issue please contact [email protected]. Key takeaways: Plan a financial strategy for a comfortable and fulfilling retirement of sustained medical practice or rewarding personal pursuits.

Dec 20, 2023 | dermatologytimes.com | David Mandell |Bob Peelman

One true adage about life: It is always changing. As such, resiliency and flexibility are attributes that should be prioritized in the financial plans of physicians, including dermatologists. Flexibility will allow a dermatologist to adapt their finances to changes over time and create a resilient retirement plan to meet the doctor’s unique financial goals, despite challenges that may arise.

Oct 25, 2023 | dermatologytimes.com | David Mandell |Bob Peelman

Choosing an adviser is one of the most important financial decisions dermatologists can make. A skilled, experienced professional can secure solid investment returns, help to reduce taxes and protect assets from liability, assist in garnering the proper insurance, map out a long-term financial plan, and alleviate much of the stress that comes with finances. A suboptimal adviser can come up short in many or all of these areas; an unethical one can even be ruinous to the physician.