Roth IRAs for Doctors [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.

Money Minutes for Doctors - Episode 3

Money Minutes for Doctors - Episode 3

Katherine Vessenes sits down with Dr. Kristina McAteer to discuss the new tax laws.

Episode 3 covers the tax laws and how they affect doctors who own their own practice. Any business or practice with partners, 1099 income, or an S-corp seem to be winners in the newest tax laws, but are they? Also, find out what the pass-through advantage is, and how it can positively impact you and your practice.