by tarawestlund | Jan 4, 2021 | Asset Protection, Blog, Insurance, Investment, Residents, Tax
By Terry Westlund, Co-founder of Financial DesignsIt’s January – and we finally have 2020 behind us. Many of you have made or thought about making resolutions. There is probably another sub-set of readers who might have pushed that to the bottom of the...
by tarawestlund | Dec 18, 2020 | Blog, Insurance, Recruiters, Residents
By Terry Westlund, ChFC® It’s the end of 2020 and the buzz in the financial world is that “unisex” pricing for disability coverage is going away. Although this is true for many large carriers like Principal, it’s not completely true across the board. Like a large...
by tarawestlund | Oct 9, 2020 | Blog, Insurance
By Terry Westlund Health insurance is complicated. Annual open enrollment can cause anxiety and confusion as you select a plan that’s best for your situation. See below for our top tips when selecting health insurance coverage. 1) Know the Lingo Having the...
by tarawestlund | Apr 28, 2020 | Blog, Insurance, Investment, Residents, Tax
By Katie Bennett, ChFC® Congrats! After years of hard work, little sleep and lots of determination, you have finished medical school and residency, and your paycheck finally reflects a physician’s salary. The jump from the average residency pay of $61,200 to a...
by tarawestlund | Apr 21, 2020 | Blog, Insurance
By: Noel Roach The inevitability of death is never fun to talk about. However, to ensure a well-thought-out financial plan, you must take the time to consider what will happen to your finances when you (or your spouse) pass away. Life insurance should especially be a...
by tarawestlund | Apr 8, 2020 | Asset Protection, Blog, Insurance, Investment, Recruiters, Residents, Tax
By Terry Westlund, Co-Founder of Financial Designs, Inc. This blog was written on 4/9/2020. Information is changing frequently. We will do our best to update this blog as needed. As an independent contractor (1099) medical professional, you may be wondering how to...
