Money Meets Medicine

13 episodes scanned. 44% of ad slots promote the show's own products.

Recent Episodes

1. Should Doctors Get a Prenup and other family financial matters

   Oct 28, 2026

   Justin Harvey, a certified financial planner at APM Wealth, joins host Dr. Jimmy Turner to discuss whether doctors should sign a prenuptial agreement and how to handle the financial side of caring for aging parents. They explore prenups as a tool for protecting assets versus a potential source of mistrust, and they recommend talking through values, spending habits, and income differences before marriage. On the parent-care question, they cover how to share responsibilities among siblings and set financial boundaries, and they stress open communication and early planning.

2. 401K changing jobs, ACGME rule changes, and choosing specialties

   Oct 21, 2026

   Co-host Justin Harvey, a certified financial planner at APM Wealth, joins Dr. Jimmy Turner to discuss proposed ACGME resident work-hour rule changes and how residents can comment before the October 22 deadline. The episode also covers what to do with a 401(k)/403(b) when changing jobs, including leaving it in place, rolling it into a new employer plan, or using a solo 401(k), with attention to how advisor compensation and backdoor Roth eligibility are affected. The hosts also walk through a decision framework for choosing between specialties or jobs, using a medical student's pediatrics-versus-anesthesia question as the example.

3. Do Doctors Need a Trust with Dr. Bryan Jepson CFP (Special Needs Planning)

   Oct 14, 2026

   Bryan Jepson, MD, CFP, a retired emergency physician and financial planner at Targeted Wealth Solutions, discusses special needs planning with host Jimmy Turner. The conversation covers first-party versus third-party special needs trusts, the means-tested government benefits that a trust can protect, and why a will, trust, and beneficiary designations matter for families. It also covers estate planning for physicians more broadly, the financial trade-offs of supporting adult children and parents, and planning for a child's lifetime needs.

4. How Much Should I Pay My Advisor, private money lending, and part-time in medicine

   Oct 7, 2026

   Dr. Jimmy Turner and CFP Justin Harvey answer listener questions on private money lending investment opportunities, advisory fee structures and hidden costs, and the financial feasibility of transitioning to part-time medicine. The episode explores how to evaluate advisor value beyond investment returns, examines tax implications of alternative investments, and discusses the trade-offs between different financial advisory models.

5. Sign On Bonus Clawbacks, Overfunded 529s, & 1099 vs W-2 Jobs

   Sep 30, 2026

   Justin Harvey and Dr. Jimmy Turner answer three listener questions about physician finances: navigating signing bonus clawbacks in employment contracts, managing overfunded 529 plans after merit scholarships, and evaluating W-2 versus 1099 employment arrangements. Jimmy shares firsthand experience from his recent transition to 1099 work, emphasizing the hidden operational costs and administrative burden that often go unmentioned.

6. The Year-End Tax Moves Doctors Miss (w/ Spencer Carroll from Gelt)

   Sep 23, 2026

   Spencer Carroll, CPA and leader at Gelt, discusses year-end tax strategy moves for physicians, emphasizing the critical difference between compliance-focused CPAs and proactive tax strategists. The episode covers specific December 31st deadlines including S-corp salary payments, solo 401(k) and cash balance plan contributions, HSA timing, charitable giving strategies like donor-advised funds, and family hiring opportunities—all designed to help doctors avoid surprise tax bills and optimize their tax position before year-end.

7. How FOMO Real Estate Deals Cost Doctors

   Sep 16, 2026

   Money Meets Medicine hosts Dr. Jimmy Turner and Justin Harvey (CFP) address three physician financial questions: the tax pitfalls of real estate syndications for W-2 earners, strategies to rebalance a concentrated stock position without excessive capital gains tax, and a framework for deploying large December bonuses. The episode emphasizes the importance of understanding passive activity loss rules, considering charitable giving through donor-advised funds, and aligning bonus allocation with personal financial goals and tax liabilities.

8. HSAs, Donor Advised Funds, and When to Drop Insurance

   Sep 9, 2026

   Hosts Dr. Jimmy Turner and Justin Harvey address three listener questions on physician personal finance: whether HSA-eligible plans make sense during high healthcare usage periods like pregnancy, tax-efficient charitable giving strategies including donor-advised funds and appreciated securities gifting, and when physicians with substantial net worth should discontinue life and disability insurance premiums. The discussion emphasizes personalized analysis and consulting qualified financial professionals.

9. 457 Plans, Bonus Investing, and Emergency Funds

   Sep 2, 2026

   Dr. Jimmy Turner and Justin Harvey answer three listener questions on retirement planning and investing. They discuss 457 plans—distinguishing between governmental and non-governmental versions and outlining three key evaluation criteria (employer viability, distribution flexibility, and investment options). They also address lump-sum investing versus dollar-cost averaging for bonus money, citing research showing 70% of the time lump-sum investing outperforms despite psychological appeal of DCA. Finally, they tackle emergency fund sizing for physicians, emphasizing that the standard 3–6 months guideline is highly personal and depends on career stage, net worth, and access to other liquidity sources.

10. Part-time work, Paying Off Loans, & Funding Kids College

    Aug 26, 2026

    Dr. Jimmy Turner and CFP Justin Harvey answer three listener questions spanning different career stages: whether residents should pay extra on federal student loans under the Repayment Assistance Plan, the financial math of transitioning to part-time work as an attending physician, and how parents should approach funding their child's undergraduate and medical school education given new federal borrowing limits.