Helpful Articles from Leading Publications

Articles from MEDIQUS

Qualified Charitable Distributions and Avoiding Taxes on RMDs

The IRS is patient but not generous. They allow you to grow a pre-tax retirement account such as a 401(k), 403(b), or Traditional IRA tax-deferred until age 73. At age 73, they start forcing you to take distributions from the account in the form of Required Minimum Distributions (RMDs) which are typically taxable. This means

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MEDIQUS: Helping Clients Align Their Investments with Their Values

A common issue arising with organizations and individuals is the rethinking of their investment strategies. Specifically, they’re asking questions like: In this case study we’ll show what happened when two clients, a medical non-profit and a single physician, approached MEDIQUS for help in addressing such questions in the same month.* The Clients Dr. Ellen Cartwright

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Removing Excess Roth IRA Contributions

It is not uncommon for residents and fellows to contribute directly to a Roth IRA while completing their training. However, many can find themselves in a precarious position in the year their training ends and their first attending position begins. That year may be split between a role which paid a modest amount and a

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Just a Little Bit More: A MEDIQUS Client Case Study

  How a medical specialist significantly decreased his tax burden and increased his retirement savings. A reporter once asked John D. Rockefeller–at the time the world’s richest man–“How much money is enough?”  His famous reply? “Just a little bit more.” Maybe you feel the same way. You may not be a Rockefeller, but as a

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From One Generation to the Next: A MEDIQUS Client Case Study

MEDIQUS Asset Advisors is well known for providing financial services to medical groups and nonprofits. But, we also are experts in guiding individual physicians – and their families – toward their personal financial goals. This is the story of our long-term engagement with one doctor and how that relationship became multi-generational.* The clients We first

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MEDIQUS: Helping a Nonprofit Educate Donors on Smarter Ways to Make Charitable Donations

Most medical nonprofits are asking the same questions: Here’s what happened when one organization asked MEDIQUS to help them address these questions.* The Client Founded more than a century ago, this international nonprofit operates a philanthropic foundation that provides educational and research opportunities for doctors, fellows, residents, and medical students to enhance their medical knowledge

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Nip Lifestyle Creep in the Bud, Before it Gets Out of Hand

A common experience for many physicians is that despite earning significantly more than they did during their training years, they are still living paycheck to paycheck. Many physicians struggle financially through medical school, residency, and for some, a fellowship. Salaries are modest, cost of living can be high, and many are burdened with student loans.

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Health Savings Accounts Offer a Triple Tax Benefit

Here’s How Health Savings Accounts Offer a Triple Tax Benefit One of the greatest benefits of being covered under a High Deductible Health Plan (HDHP) is the ability to save into a Health Savings Account (HSA) and receive tax-preferred treatment on money saved for medical expenses. Specifically, HSAs provide a triple tax benefit. Contributions are

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