ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 163: The 2023 Year-End Financial Checklist!

The year-end rush is here. Between holidays, vacations, wrapping up school, family – life gets a different type of hectic. But it’s the most important time to get things done if you haven’t already when it comes to year-end financial and tax planning. To make things easier, we’ve comprised a comprehensive checklist for ER docs that can hopefully be tackled by the end of the year with the goal of maximizing wealth building.

Feel free to reach out if you need help with any of the items we’ll discuss today.

    

Topics Discussed:   
  • A year-end financial planning and tax list.
  • Changes coming in 2024 (contributions, tax brackets, etc.).
  • What you need to know about RMDs and why it’s so important you get this right.
  • Accounts you may want set up before the end of the year.
  • Contributions and conversions you want to do before the end of the year.
  • Estimated tax payments and how to project what your tax return may look like.
  • What you need to use before you lose it at the end of the year.
  • How it pays to plan.

Resources Mentioned:

Tags

year-end planning, year-end finances, ER doctors, ER docs, emergency doctor, financial planning, financial plan,

by 
Scott Wisniewski, EA