Future Proof Docs - The Vital Physician Executive (VitalPE)

Future Proof Docs - The Vital Physician Executive (VitalPE)

Welcome to another installment of Future Proof Docs - a series to profile physicians who excel at something outside of medicine and care enough to share their passions with us.  Today I want to introduce a personal friend and fellow physician blogger who's supported FPMD since the very beginning, including this very popular guest post - Contracts 101 - Understanding Relative Value Units (RVUs).  I hope you will enjoy this Q&A with Dr. John Jurica, the mind behind The VITAL Physician Executive.

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Retirement 101: Know Your Tax ______ Plans

Retirement 101: Know Your Tax ______ Plans

In my daily conversations with medical colleagues, I often toss around certain terms without explaining them fully - 401k, 403b, 457, IRA, HSA, 529 etc.  The reason why these particular number-letter combinations come up so often is because tax advantaged investment plans are by definition better than regular old taxed investment plans - unless you really like paying taxes.  But even tax advantaged investment plans are not all created equal.  Let's hit the basics and discuss the differences between tax _______ investment plans.

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Why I File My Own Taxes

Why I File My Own Taxes

The IRS tax filing deadline is coming up quickly on Tuesday 4/18/2017.  It normally falls on 4/15.  We got lucky this year because 4/15 is a Saturday and Monday is Emancipation Day - a holiday observed in Washington, DC.  So if you still haven't done your taxes yet, you've got a couple more days.  I want to take a few minutes to share with you why I file my own taxes.

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DEAL: $40 Back on $200 at JetBlue with American Express

DEAL: $40 Back on $200 at JetBlue with American Express

I flew JetBlue Airways recently for the very first time, and boy was I impressed!?  Sure they don't offer free checked bags like Southwest (my usual go-to for air travel), but they make up for it with spacious seats and great choice of in-flight snacks.  I also liked the fact that when you order a drink, they just give you the whole can.  From now until 6/30/2017, American Express is offering members $40 statement credit when you spend a minimum of $200 in one or more transactions from JetBlue.  Add the offer to your card via Amex Offers.

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GUEST POST: 4 Ways to Protect Your Financial Data

GUEST POST: 4 Ways to Protect Your Financial Data

The internet has made it easier for us to keep an eye on our bank account, save money and even invest online.  Yet with it comes more chances for risk.  Cyber criminals have created millions of different malware programs designed to steal your financial data.  For many victims, the banks or credit card companies are usually fast enough to notice suspicious activity.  In these cases, you just have to go through the hassle of replacing your card.  If you’re unlucky, though, it could lead to thousands of dollars in bogus charges which can affect your credit score and even job prospects.

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Future Proof Shares - 4/11/17

Future Proof Shares - 4/11/17

We live in an amazing world of constant information, sometimes it can get overwhelming.  "Future Proof Shares" is a weekly series with the goal of selecting 5 interesting pieces of media on money and medicine from around the Interwebs.  They may be old or new but will always be new to me.  This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF).  Enjoy! 

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PSLF - The Time Bomb Goes Off?

PSLF - The Time Bomb Goes Off?

Long time readers of FPMD are familiar with the Public Service Loan Forgiveness (PSLF) program.  Since the beginning of this blog, I've been encouraging graduating medical students to consider signing up for PSLF if their residency institution is a qualifying employer.  Indeed, PSLF was literally the first post on FPMD.  The biggest challenge facing PSLF has always been the financial unsustainability of the program, sometimes likened to a ticking time bomb.  Well, last week it might have gone off, but not in the way you imagined...

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2017 Medscape Physician Compensation Report

2017 Medscape Physician Compensation Report

Medscape just released their annual physician compensation report.  For those unfamiliar, physician compensation is a topic with few reliable resources/numbers, leading to much anxiety among residents/fellows.  It is not surprising that objective data on physician salaries is difficult to obtain as people tend to be private about their incomes for a number of reasons.  Medscape's annual physician compensation report offers a way to gain some insight into this elusive topic.  Please keep in mind that this is a survey-based study so some bias is expected.  With that said, here are the conclusions I drew comparing to the 2016 report:

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Future Proof Shares - 4/4/17

Future Proof Shares - 4/4/17

We live in an amazing world of constant information, sometimes it can get overwhelming.  "Future Proof Shares" is a weekly series with the goal of selecting 5 interesting pieces of media on money and medicine from around the Interwebs.  They may be old or new but will always be new to me.  This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF).  Enjoy! 

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