by Financial Designs | Apr 29, 2021 | Blog, Insurance, Investment, Residents
By Terry Westlund Health Savings Accounts, aka “HSAs” are a common financial strategy used in a provider’s arsenal. But are you clear on all the reasons why a HSA can be handy? See below for the top reasons you may want to incorporate this kind of account into your...
by Financial Designs | Jan 4, 2021 | Asset Protection, Blog, Insurance, Investment, Residents, Tax
By Terry Westlund, Co-founder of Financial Designs With the new year, many of you have made or thought about making resolutions. There is probably another sub-set of readers who might have pushed that to the bottom of the proverbial “to-do” list. According to Forbes,...
by Financial Designs | Oct 9, 2020 | Blog, Insurance
By Terry Westlund Health insurance is complicated. Annual open enrollment can cause anxiety and confusion as you select a plan that’s best for your situation. See below for our top tips when selecting health insurance coverage. 1) Know the Lingo Having the...
by Financial Designs | Apr 28, 2020 | Blog, Insurance, Investment, Residents, Tax
By Katie Bennett, ChFC® Congrats! After years of hard work, little sleep and lots of determination, you have finished medical school and residency, and your paycheck finally reflects a physician’s salary. The jump from the average residency pay of $67,400 to a...
by Financial Designs | Apr 21, 2020 | Blog, Insurance
By: Katie Bennett The inevitability of death is never fun to talk about. However, to ensure a well-thought-out financial plan, you must take the time to consider what will happen to your finances when you (or your spouse) pass away. Life insurance should especially be...
by Financial Designs | Dec 19, 2019 | Blog, Insurance, Investment, Recruiters, Residents, Tax
By Terry Westlund, ChFC® As an independent contractor (1099) physician, there can be a lot of moving parts to managing your taxes and overall finances. Sometimes it’s hard to decide where to start. See our top tips below to ensure you are maximizing the unique...
