Featured Articles
6 Massive PSLF Changes + 3 Student Loan Tips for Optometrists
On Wednesday Oct 6, 2021, the US Department of Education announced a massive overhaul to their 10-year Public Service Loan Forgiveness Program, essentially affecting all optometrists working for non-profit clinics like VA, IHS or non-profit universities.
Read MoreAnnual Report: 2020
Hello ODs on Finance Family, Well 2020 has surely been a year! Let’s be honest, we all went into the year 2020 with big expectations – but the so-called Year of the Optometrist had some nasty surprises up its sleeve. Despite the trials and tribulations that 2020 brought, it also brought important lessons, and the…
Read More2020-2021 Comparison Retirement & IRS Limits
KEY POINTS: (1) Overall, 401K/Roth IRA/SIMPLE/SEP contribution limits are the same in 2021 (2) Trad IRA: For single taxpayers covered by a workplace retirement plan, the new phase-out range is $66,000 to $76,000. For married couples filing jointly, where the spouse making the IRA contribution is covered by a workplace retirement plan, the new phase-out…
Read MoreThe Optometrist’s Guide to Life Insurance
Life insurance is a situation that no one wants to address or even think about due to its morbid nature. For the mass majority of doctors with family or people who depend on their income, it is wise to consider what financial consequences their death can have on the people they leave behind. 2 Reasons…
Read MoreGetting Cash For Your Small Business Through The CARES Act
[Disclaimer] This article was written to the best of our knowledge with the latest news released from the Federal government. There are many moving parts to both of these programs, and as the days and weeks pass, there may be more clarification to some parts that are vague or confusing. Please be mindful, that I…
Read MoreWhat Should I Do First? A Complete Guideline Step-By-Step
Personal finance is called personal for a reason; it is just as much a science as it is an art (similar to prescribing glasses). But seriously, this is probably one of the most difficult decisions that a lot of doctor investors will face and has starved me of sleep a lot – simply deciding which…
Read MoreVideo/Podcast – SEO, Digital Marketing and Web Design with Dr. Richard Zimbalist
Dr. Neufeld talks with the founder/owner of Ignite Medical, Dr. Richard Zimbalist, about SEO, digital marketing and web design. Insights on building a practice website and making it visible and attractive are explored along with marketing: Related Articles 3 Important Steps to Do Due Diligence For a Successful OD Practice Purchase 8 Dos and Don’ts…
Read MoreThe Optometrist’s Guide to Disability Insurance
Optometrists with an average salary of $120,000 will make approximately $10 million dollars over their working career when factoring in raises and inflation. It took you 8-10 years of schooling to get to where your career is, in addition you probably took over $200,000 worth of student loans to invest in your future. Therefore, with…
Read MoreWhat is the Optometrist Home Loan All About & How Can it Help You? By: Josh Mettle (Guest Writer)
Editor’s Note: This is a guest post written by one of our sponsorship partners. Aaron and Dat are extremely strict about guest requirements in that they must be educational and informative to our readers. Every guest post is vetted, read and upheld to the highest standards of ODsonFinance. Your trust is the most valuable factor…
Read MoreResidential Real Estate Investing with Dr. Julie Phan
In this episode, Dr. Julie Phan, a private practice owner and new mom, gives us an overview of real estate investing and insight into her successful real estate investing career. Related Articles 3 Bookkeeping Don’ts + 4 Do’s for Optometrists 6 Due Diligence Tasks to Perform when Purchasing Rental Properties 6 Massive PSLF Changes +…
Read More