Most 1099 physicians are told the same basic retirement advice: open a SEP IRA, max out a Solo 401(k), and track your deductions. While that's a good start, high-income physicians earning $400,000, $800,000, or more may be missing significantly larger opportunities.

In this episode, Stephen Lee, CPA and Certified Private Wealth Advisor, breaks down how some 1099 physicians may be able to contribute $100,000+ annually into tax-advantaged retirement plans using strategies such as Solo 401(k)s, profit-sharing contributions, and cash balance plans. More importantly, he explains when these strategies make sense—and when they don't.

You'll learn:

• What people really mean when they say "tax-free" retirement contributions
• How Solo 401(k) contribution limits work for high-income physicians
• When a cash balance plan may unlock larger deductions
• Common mistakes that prevent physicians from maximizing retirement contributions
• The ideal profile for physicians considering advanced retirement planning
• Why entity structure, payroll, bookkeeping, and cash flow all matter

If you're a 1099 physician looking to reduce taxes, build long-term wealth, and stop relying on basic retirement advice, this episode is for you.

📘 Free Guide for 1099 Physicians:
https://stephenleecpa.com/cpas-guide-to-locum-tenens/?utm_source=podcast

📅 Book a Complimentary Discovery Call:
https://stephenleecpa.com/book-appointment/?utm_source=podcast

⚠️ Disclaimer: This podcast is for educational purposes only and should not be considered tax, legal, investment, or financial advice. Always consult with qualified professionals regarding your specific situation.