MEDIQUS Asset Advisors

January is always a good time to take stock of what you accomplished in the previous year and start planning for how you will accomplish your goals in the new one. The IRS released some important updates you should be aware of so you can plan accordingly. Tax Brackets: Each year the IRS adjusts the …

2020 Tax Planning Read More »

I read the legendary story about rock band, Van Halen, stipulating in his contract that he must have a bowl of M & M’s backstage before every concert and that all of the brown colored candies need to be removed.  I didn’t believe that an entertainer could be so demanding and capricious.  However, I did …

Have You Checked the Canary in Your Coalmine? Read More »

The retirement plan options available to self-employed physicians and other small business owners have historically been very limited.  As a result of some welcome changes, the menu of available retirement plans has increased, giving physicians greater flexibility. Solo 401(k) Plans If you are self-employed, a Solo 401(k) is an excellent option for saving for retirement. As …

Retirement Plan Options for Self-Employed Physicians Read More »

Losing a loved one is always difficult and to make things tougher, some important financial decisions often need to be made soon afterwards. If you were named the beneficiary on a retirement account such as a 401(k), 403(b), or IRA you typically have a couple of options for handling this inheritance. If the decedent was …

Options When Inheriting a Retirement Account Read More »

A few years ago a marine biologist conducted an experiment by placing a barracuda into a small tank and then adding some small bait fish. As expected, the barracuda quickly devoured the smaller fish. Then the researcher inserted a piece of clear glass into the tank, creating two separate sections, with the barracuda on one …

The Barracuda and the Limits on Your Marketing Success Read More »

Healthcare marketing is moving target. What you did yesterday, will probably beineffective today or tomorrow. If you put content on your website and it isn’t revised ornew content added, you will find visitors looking elsewhere for their healthcareinformation.In the recent past we were focused on patient satisfaction and online reviews as anecessary ingredient of our …

3 Marketing Trends to Consider Read More »

Of course, all doctor websites are going to be different. Some are suited for before-and-after photos, while some are primarily focused on showing their compassionate care. Every website has different branding and features, depending on what they’ve invested in and what patients need. But there are some things that all doctor websites should have. If …

6 Things All Doctor Websites Need Read More »

Target date funds have become quite popular, and many physicians have them as available investment options in their employer sponsored retirement accounts such as their 401(k)s and 403(b)s. The first Target Date fund was introduced in 1994 in response to retirement plan participants’ relative lack of knowledge about investing and how to approach managing their …

Target Date Retirement Funds: Great for Some but Not All Read More »

Many physicians have very ambitious retirement income goals. If you hope to reach those goals, comprehensive financial planning is critically important. There are many different areas that will need to be shored up; emergency fund, disability insurance, life insurance (if you are planning for yourself and a spouse), tax planning, and an investment strategy just …

Start Saving Early to Take Advantage of Compound Interest Read More »

There are many ways to donate to charity, however, some methods are more effective than others. Often the easiest ways of donating are the least beneficial for the donor from a tax standpoint. Donating cash, using a credit card online, or writing a check, while simple to do, are not the most tax-efficient methods of …

Efficient Charitable Gifting Through Donor Advised Funds Read More »