Chirag Shah

2 weeks ago | healio.com | Chirag Shah |Jayanth Sridhar

Key takeaways: Tax loss harvesting involves selling underperforming investments to offset capital gains taxes on profitable investments. Consider contributing to a Backdoor Roth IRA for you and your spouse for tax-free growth and withdrawals in retirement. With tax season here, physicians juggling hectic clinical schedules must also focus on optimizing their financial strategies. With proper planning, physicians can take advantage of key tax-saving opportunities to maximize their wealth.

1 month ago | healio.com | Chirag Shah |Jayanth Sridhar |Mindy Valcarcel

Key takeaways: Bonds have a coupon rate, which is the interest an issuer pays you for loaning them money. Bonds have a maturity date, at which time the principal is returned and collecting interest payments stop. Investing in bonds may seem boring and not sexy like buying individual stocks, but bonds help provide diversification and stability to one’s portfolio. Further, bonds can serve as a means of steady cash flow as you collect interest payments and reinvest your principal when a bond matures.

2 months ago | healio.com | Chirag Shah |Jayanth Sridhar |Mindy Valcarcel

Key takeaways: The invested money grows tax-deferred and is tax-free on withdrawal if used for covered educational expenses. Most states allow the individual making the contribution to claim a state income tax credit. An important part of financial planning for physicians with children can be 529 plans. 529 plans are state-sponsored plans that receive after-tax dollars that can later be spent on college or post-graduate educational expenses.

Jan 6, 2025 | healio.com | Chirag Shah |Jayanth Sridhar |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: Carry enough term life insurance to cover costs such as education debt and home mortgage expenses. Umbrella insurance does not provide additional medical liability coverage but does cover personal liability.

Dec 17, 2024 | forbes.com | Chirag Shah

Chirag Shah is Global Information Security Officer & DPO of Model N, Inc. The role of cybersecurity cannot be underestimated. The increasing adaption of technology means businesses are becoming more dependent on devices and virtual systems. Although these systems boost convenience, they also make sensitive information more accessible to malicious actors. Cybersecurity keeps information safe, but it, too, must evolve.