Posts by DatBuiOD
Annual Report 2025: In Review, and a Look at 2026!
Overview Hello, ODs on Finance family, Throughout 2025, we saw continued growth across nearly every part of the ODs on Finance ecosystem. This included expansion of our Facebook community, ODs on Education (CE) events, website resources, strategic partnerships, and in-house services such as ODoF Merchant Services, the Cold Start & Practice Purchase Accelerator, ODoF Brokerage,…
Read More16 End-of-Year Financial Checklist For Optometrists in 2025
As 2023 draws to a close, it’s vital for optometrists to focus on financial planning for a stable and prosperous future. This checklist, designed for eye care professionals, will guide you through key year-end financial tasks. While not every item may apply to your practice or personal finances, reviewing each one ensures you don’t miss important opportunities or obligations.
Read MoreRetirement & IRS Limits Comparison: 2025-2026
As we approach 2025, retirement contribution limits including 401(k)s, 403(b)s, SIMPLE IRAs, SEP-IRAs, HSAs, and FSAs, have been adjusted modestly due to stabilized inflation rates. While catch-up contributions for those aged 50+ remain indexed to inflation, the IRS has postponed a Secure Act 2.0 provision requiring high earners ($145,000+ in Social Security wages) to make Roth-only catch-up contributions until 2026. Notably, starting in 2025, individuals aged 60-63 can contribute the greater of $10,000 or 50% more than the standard catch-up amount, providing an opportunity to boost retirement savings during peak earning years.
Read MoreThe Ultimate Optometrist’s Financial Guide to ‘Big Beautiful Bill’ Tax Plan
With the newly signed 2025 tax law (an extension of the Trump Tax Cuts and Jobs Act provisions), we have a host of updates that can directly impact high-income optometrists like us. Regardless of your political leanings, these tax changes present opportunities, and a few caveats. that matter for your bottom line.In this detailed article with factual citations, I’ll break down the key provisions of H.R. 1 (119th Congress): informally called the “One Big Beautiful Bill Act” (the Trump Tax Plan extension), and explain in first-person how each can affect your finances.
Read MoreOptometrist 📊 Income Report 2025 | Largest Sample Size 2,203+ ODs
We’re thrilled to share our largest Optometry Income & Salary Survey yet—2,203 doctors provided insights on key factors like student loan ROI for students, fair compensation, and the true impact of annual income on our profession. This year, we normalized earnings by days worked to give a clearer picture of each OD’s real income potential. What You’ll…
Read MoreWhat Should I Do First? A Complete Step-By-Step Guide For Optometrists
Here is a “Guideline” list of financial steps that we hope will get you started, but should be adjusted to your own personal situation as an optometrist.
Read More10 Practical Strategies to Pay Off a $221K+ Optometry Student Loans in Less Than 5 Years (Updated for 2024)
KEY POINTS: Avoid “Doctor Lifestyle”: Live like a student a bit longer to build financial stability, even after graduating. Shift Your Mindset: Stop making excuses and take charge of your financial future by learning and applying financial principles. Refinance Loans to a lower rate with a goal to pay it off in 5-10 years. Stick…
Read MoreOverview of the Optometry Student Loan Market: June 2024
With the incoming class of new optometry doctors entering the profession last month, new graduates today are facing a steeper hill regarding their student loans. The latest 2023 Optometry Income Report shows an average student loan debt of around $230,000, with about 8% of doctors having a debt burden exceeding $300,000.
Read MoreThe Optometrist’s Guide To Student Loan Refinancing
Optometrists often accumulate multiple loans from federal and private lenders to fund their doctor education, which results in an average debt load of $220,000. The majority of these loans are federal loans which have an average interest rate of 5.5-6.8%.Then the majority of doctors will end up refinancing their student loans to save thousands of dollars in interest. Here is your comprehensive guide to the student loan refinancing process and understanding how underwriting works.
Read MoreHow To Achieve Over 90% Capture Rate With Retina Widefield Script
As practitioners, we understand the importance of retinal imaging, and we need to be able to clearly explain that value to our patients. I’ve found that communication is key with patients — before, during, and after their appointments. This helps to eliminate any questions, and it ensures that they’re not only on board with the…
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