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White Coat Investor Podcast

WCI #416: HSAs, FSAs, and Malpractice Insurance

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.92.3K Ratings

🗓️ 24 April 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Today we answer a handful of HSA and FSA questions including what to do when you contribute incorrectly and what to do when you have problems with reimbursement for medical spending. We answer a question about calculating equities. We also do a deep dive into malpractice insurance with information about lizard tails, veto clauses and hammer clauses.

Today’s episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that’s where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you’re still in residency. And if you’re already out of residency, SoFi’s got you covered there too.

For more information, go to https://www.whitecoatinvestor.com/Sofi
SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891.

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 is for you!

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street.

0:06.2

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

0:16.0

This White Coat Investor podcast number 416.

0:19.5

Today's episode is brought to us by SOFI, the folks who help you

0:22.5

get your money right. Paying off student debt quickly and getting your finances back on track isn't

0:27.3

easy, but that's where SOFI can help. They have exclusive low rates designed to help medical residents

0:32.5

refinance student loans, and that could end up saving you thousands of dollars, helping you get out of student

0:37.7

debt sooner. SoFi also offers the ability to lower your payments to just $100 a month while

0:42.5

you're still in residency. And if you're already out of residency, SoFi's got you covered there

0:46.9

too. For more information, go to SOFi.com slash white code investor. SoFi student loans are originated

0:51.9

by SOFi Bank and a member FDIC. Additional terms and

0:54.2

conditions applied. NMLS 696-891. Welcome back to the podcast. I missed you guys this week.

1:01.2

I'm glad you're back and listening. We've got lots of cool stuff going on right now. We're trying to

1:06.5

give away money. And we need you to nominate people who do a fantastic job of educating their colleagues

1:12.9

and trainees about personal finance and investing. Now, you can't win if you're like a blogger like me

1:18.9

or if you're a financial advisor. This is for practicing docs who do this on the side, who just really

1:25.1

help a lot of people to learn about financial literacy,

1:28.6

help them become more financially disciplined. So I would love for you to nominate somebody

1:33.5

if you know about them doing this. You can do that at whitecodeinvestor.com slash educator.

1:39.7

You've only got until April 25th, then this year's ends, and you've got to wait until next year

1:43.8

to nominate

1:44.8

them. We're going to bribe you to do it, too. Not only does the person that you really respect

...

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