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Doctors, lawyers, and other professional clients of CPAs often pay attention to their family's life insurance needs, but concerns about becoming disabled usually go unaddressed. Statistically, however, a professional is [...]

Q We need to recruit a young physician and have considered a number of approaches, including allowing the local hospital to manage the process, using a recruiter, or just advertising. [...]

The article discusses the new rules and opportunities of the Roth (IRA) individual retirement account conversions in the U.S. The authors provide an overview of the history of the Roth IRA, cites the ways on how to fund it and mentions its strengths. They also present several tables depicting the taxability of a Roth conversion and the Roth IRA contribution limits for the year 2009 and 2010. Moreover, they also note reasons influencing a decision to convert Roth IRA.

The article discusses the practice of disability insurance in the U.S. It states that the definition of disability found in policies became more restrictive, premium rates increase and monthly benefits became limited. It also mentions that the health maintenance organization (HM0) has entered the reimbursement level, which decline along job satisfaction.

The article discusses the advantages and disadvantages of leasing or buying office to practice medicine, as well as the factors to consider before making the correct choice based on the individual needs and goals. It states that physicians should make their decision based on geographical area and their willingness to settle down. Physicians are also advised to choose a commercial building that is or can be zoned for medical use.

The article offers ideas for plastic surgeons on how to recession-proof their elective services practice in the U.S. The authors emphasized that developing a recession recovery plan is simple but not easy. They claimed that owners of elective services practice must proactively respond to the changes brought about by the economic downturn. The recommendations of the authors for a recovery plan includes operating a practice in an organized manner and reviewing the costs of employee benefits.

The article answers questions pertaining to the right approach to recruiting a physician, the options for paying back student loans during residency and fellowship, and the 72(t) exemption to avoid penalties for early withdrawal of funds from an individual retirement account (IRA).

The article discusses the disability insurance for orthopaedic surgeons in the U.S. It states that the said insurance enables the insured persons to use their education, training, and experiences to change their occupation. It notes that orthopedic surgeons can claim their disability insurance if they are unable to perform their duties. It also mentions that surgeons can receive monthly benefits of up to 15, 000 dollars.