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Modoo Strategy Blog

Empowering your financial future with expert advice and strategies
S-Corp See-Saw: Weighing the Pros and Cons of S-Corp Election for 1099 Contractors

S-Corp See-Saw: Weighing the Pros and Cons of S-Corp Election for 1099 Contractors

Discover how S-Corp status can help 1099 contractors save on payroll taxes while balancing trade-offs like retirement contributions, QBI deductions, and additional costs.
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Pro-Rata Rule for Backdoor Roth IRA

Pro-Rata Rule for Backdoor Roth IRA

Discover how the pro-rata rule can impact your Backdoor Roth IRA conversion and your tax liability. High-income earners often use the Backdoor Roth IRA to bypass income limits, but understanding the pro-rata rule is crucial for minimizing taxes. Learn how this rule works, its implications, and strategies to avoid unnecessary tax burdens.
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Introduction to Malpractice Insurance

Introduction to Malpractice Insurance

Choosing malpractice insurance as an independent contractor can be tricky. This guide simplifies key options like claims-made vs. occurrence-based policies and highlights important features like tail coverage and consent-to-settle clauses, helping you make informed decisions to protect your career.
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Court Temporarily Blocks SAVE Program: What Borrowers Need to Know

Court Temporarily Blocks SAVE Program: What Borrowers Need to Know

Learn how the 8th Circuit Court's stay on the SAVE program affects your student loans and the potential impact on PSLF and IDR forgiveness. Discover alternative repayment options and expert advice to navigate this uncertain time effectively.
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Goal- oriented
Money Management

Discover the key to financial success through personalized asset allocation, as we debunk one-size-fits-all strategies and reveal how aligning investments with specific goals can optimize your path to wealth
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Financial Essentials for Medical Interns: Navigating Residency with Confidence

Financial Essentials for Medical Interns: Navigating Residency with Confidence

Learn key financial strategies for medical interns to manage student loans, set up a Roth IRA, and secure insurance for a confident start to residency
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The Solo 401(k) Might Be the Superior Choice for Locum Tenens Physicians

The Solo 401(k) Might Be the Superior Choice for Locum Tenens Physicians

Why the Solo 401(k) Could Be the Best Retirement Strategy for
Locum Tenens Physicians Compared to the SEP-IRA
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