Navigating Charitable Giving: Intentional Strategies and Tax Benefits

Today we are chatting with a radiologist who has received PSLF. She learned about PSLF back in 2009. She knew she wanted to go into academics so she planned from the beginning to go for PSLF. She knew the ins and outs of the program and maximized keeping her payments low and benefitted from the COVID student loan freeze. She dutifully saved up a PSLF side fun incase something happened and her loans were not forgiven. Luckily that did not happen and she now has a big chunk of money in there. As a highly debt averse person she is now considering turning that fund into a 'saving-for-a-home fund' in hopes to be able to pay cash for their first home. After the interview stick around for a discussion about charitable giving for Finance 101.

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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