Empowering Financial Literacy: Mastering Finances, Debt, and Non-Salary Benefits

Coordinator(s)

• 

  Raj Pyne, MD, FSIR

  Interventional Radiology
  Rochester Regional Health, United States
• SS

  Swar Shah, MD

  Baylor Scott & White Health, United States

Introduce financial literacy concepts for IRs, including student debt, how to save, lifestyle creep, and compound investing to create wealth. Discuss ways to maximize all forms of both salary and non-salary benefits, including 401(k), 403b, 457b, 529, cash balance plans, HSA, allowance, malpractice, and life insurance. Introduce the concept of active and passive income streams for IRs.

Presentations:

• 1:15 PM - 1:25 PM ET

  When to Pay Student Debt, Lifestyle Creep/henrys, Investing Strategies to Create Wealth, & Passive Income Streams
  

  Speaker: Raj Pyne, MD, FSIR – Rochester Regional Health
• 1:25 PM - 1:35 PM ET

  Maximizing Non-salary Benefits: HSA, FSA, Academic Allowances, & Malpractice/life Insurance
  

  Speaker: Swar Shah, MD – Baylor Scott & White Health
• 1:35 PM - 1:45 PM ET

  Malpractice Insurance: How and Why Our Group Stopped Insuring Our Irs to Succeed
  

  Speaker: David Ring, MD – North Broward Radiologists
• 1:45 PM - 1:55 PM ET

  Amplify Your Retirement Savings: Understanding 401(k), 403(b), 457(b), 529 College Savings, & Cash Balance Plans
  

  Speaker: Jaimin Shah, MD – Atlantic Health Morristown Medical Center
• 1:55 PM - 2:05 PM ET

  IR Call Compensation Surveys: Do IR’s Get Paid Extra to Take Call in 2025?
  

  Speaker: R. Torrance Andrews, MD, FSIR (he/him/his) – University of Washington
• 2:05 PM - 2:15 PM ET

  Preparing for Retirement - How Much is Enough? Creating a Plan and 'Decumulation'
  

  Speaker: Atul Gupta
• 2:15 PM - 2:30 PM ET

  Q&A