I still remember exactly where I was when suicide first touched my life. I was in my second year of residency. I was sleeping. It was 2 am two days before Christmas when I received the call from my mom. I can’t explain why, but I knew immediately. This started my journey into wondering why doctors kill themselves.
The Alternative Minimum Tax (AMT) is an archaic tax law that was originally intended to make sure that high income earners were “paying their fair share.” As if the tax law was not complicated enough, the tax law experts thought it necessary to not only calculate your taxes once, but twice. The first time it is calculated through the regular methods (brackets, etc) and the second time through the AMT. Whichever is higher is the tax you pay. So, today we will answer the question “Will I pay the AMT”
Many tutorials will instruct you on how to perform a Backdoor Roth Conversion However, very few of them go through a step by step process for the very first time you ever set up a Backdoor Roth IRA. I, unfortunately, ran into several snags because of this.
After you have maxed out your employer 403B/401K for you and your spouse and any governmental 457s, a backdoor Roth should be your next step! Read more to find out how.
Introduction: Today’s post is a guest post by Brian Downs. Dr. Downs is a surgeon and a writer. Today’s post fits in perfectly with our Wellness Wednesday posts as it highlights finding joy outside of our work: being a physician author. Brian blogs over at Cognitive Buffer on a wide range of topics all with the hope … Read more