Syed Nishat is a partner, Wall Street Alliance Group. He can be reached on LinkedIn and on Twitter @syedmnishat.
He holds the FINRA Series 7, FINRA Series 63, and FINRA Series 66 licenses, along with licenses for life, disability, and long-term care insurance. Syed holds a bachelor’s degree from the University of Nevada, Reno, and has been awarded the Behavioral Financial Advisor (BFA) designation.
Syed’s articles and interviews about asset protection and common financial mistakes by physicians were published in Medscape, Medical Economics, and MedPage Today. He is the author of “8 Mistakes to Avoid When Administering a 401(k) Plan” and “SECURE Act 2.0 Could Be a Game Changer for Retirement Planning.”
Syed also specializes in ERISA 401(k)s and defined benefit plans and his publications and quotes are in Forbes, USNews, PLANSPONSOR, 401(k) Specialist, and BenefitsPRO.
For disclosures, please visit www.wallstreetalliancegroup.com.
Syed Nishat is a partner, Wall Street Alliance Group. He can be reached on LinkedIn and on Twitter @syedmnishat.
He holds the FINRA Series 7, FINRA Series 63, and FINRA Series 66 licenses, along with licenses for life, disability, and long-term care insurance. Syed holds a bachelor’s degree from the University of Nevada, Reno, and has been awarded the Behavioral Financial Advisor (BFA) designation.
Syed’s articles and interviews about asset protection and common financial mistakes by physicians were published in Medscape, Medical Economics, and MedPage Today. He is the author of "8 Mistakes to Avoid When Administering a 401(k) Plan" and "SECURE Act 2.0 Could Be a Game Changer for Retirement Planning."
Syed also specializes in ERISA 401(k)s and defined benefit plans and his publications and quotes are in Forbes, USNews, PLANSPONSOR, 401(k) Specialist, and BenefitsPRO.
For disclosures, please visit www.wallstreetalliancegroup.com.
This article is sponsored by Wall Street Alliance Group, specializing in physician financial planning.
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While chatting with a physician client of mine recently, an important topic came up that she hadn’t really asked about previously. My client is in her late 40s and is currently single with no plans of getting married. She’s the only child of her aged parents, and after working as a physician for over 15 years, she has become financially successful enough to slow her career down a bit. Her …
As another autumn pulls the pages off the 2021 calendar, it’s already time to start planning for the end of the year. The days get shorter but often busier as the weather cools down. This can be a vital time when preparing for taxes, and it’s good to know what the best savings strategies are for you to implement now, which will put you in a good spot for your …
For married physicians looking into estate planning strategies, one thing to keep in mind is how to make best use of spousal benefits in reducing taxes or providing for a surviving spouse or other beneficiaries. For wealthy physicians, a spousal lifetime access trust, or SLAT, may provide a viable vehicle for avoiding estate taxes for both spouses and protecting assets from creditors while at the same time providing distributions that …
High earners such as physicians often focus on pre-tax contribution and may overlook some of the advantages in contributing to a nondeductible IRA account.
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When I sat down to write this article, my thoughts immediately went to the tragic loss of one of my best clients, a physician who recently passed away after battling COVID-19. I remember him not only as an excellent physician but even more so as a great person.
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