WCI #437: Getting Your Work Benefits Right

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Business, Health & Fitness, Investing, Medicine

4.9 • 2.3K Ratings

🗓️ 18 September 2025

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we are answering a variety of questions including how to understand and select employee stock ownership plans. We talk about things to think about when signing up for benefits at work including selecting disability insurance and the tax implications of that. We answer a question about a specific type of insurance called an SPDA. We end the episode with a question about private real estate funds and a discussion from our friends at DLP Capital.

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, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

Find 1000's of written articles on the blog: https://www.whitecoatinvestor.com
Our YouTube channel if you prefer watching videos to learn: https://www.whitecoatinvestor.com/youtube
Student Loan Advice for all your student loan needs: https://studentloanadvice.com
Join the community on Facebook: https://www.facebook.com/thewhitecoatinvestor
Join the community on Twitter: https://twitter.com/WCInvestor
Join the community on Instagram: https://www.instagram.com/thewhitecoatinvestor
Join the community on Reddit: https://www.reddit.com/r/whitecoatinvestor
Learn faster with our Online Courses: https://whitecoatinvestor.teachable.com
Sign up for our Newsletter here: https://www.whitecoatinvestor.com/free-monthly-newsletter

00:00 WCI Podcast #437
04:00 Employee Stock Ownership Plans (ESOP)
09:24 How to Tax Disability Benefits
12:52 Single Premium Deferred Annuities
19:55 Don Wenner Interview
31:50 What to Do with Cash

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
0:04.8	shake on Wall Street. We've been helping doctors and other high-income professionals stop
0:09.3	doing dumb things with their money since 2011. This is White Coat Investor Podcast number 437.
0:19.3	Today's episode is brought to us by SoFi, the folks who help you get your money right.
0:23.7	Paying off student debt quickly and getting your finances back on track isn't easy.
0:27.2	That's where SOFI can help.
0:28.6	They have exclusive low rates designed to help medical residents refinance student loans.
0:32.7	That could end up saving you thousands of dollars, helping you get out of student debt sooner.
0:37.1	SoFi also offers the ability to lower your payments to just $100 a month while you're still
0:40.9	in residency.
0:41.9	And if you're already out of residency, SoFi's got you covered there too.
0:45.2	For more information, go to sophy.com slash white coat investor.
0:49.1	SoFi student loans are originated by SoFi Bank and a member FDIC.
0:52.4	Additional terms and conditions apply, NMLS
0:54.8	696-891. Okay, I was supposed to tell you about all kinds of fun things today, but first,
1:02.1	what I want to tell you about is my doctor's appointment this morning. Okay, I met with my endocrinologist.
1:09.0	I've got this adrenal incidental loam. They found when they did a bunch of scans on me for my trauma a year ago, right? So I've been getting follow-up scans to make sure this thing doesn't change and it's not changing. My labs are fine and all that. But it was a fun discussion. This doc, she was a little bit younger than me. And I said, you know, I'm working about half time. She knew I was a doc. I worked about half time. And then I got to record some podcasts later today. And she's like, oh, tell me about your podcast. Well, it was always fun to tell a doctor about the White Code Investor podcast. You know, I don't think there's a lot of doctors out there younger than me that have never heard about it. And indeed, she recognized, oh, yeah, I've seen that all over social media or whatever.
1:47.9	So she did know about the white coat investor, but it never connected that it had anything to do with her patients. And that was a lot of fun. And I'm grateful for her care. I'm also grateful for telemedicine, right? We had like a six-minute appointment, which is great, right? Six-minute
2:01.6	appointment from my home, awesome, right? I'm not paying for her time, or much less my time,
2:08.3	at her clinic. I'm paying for her expertise, and I was more than willing to do that. So,
2:12.5	big fan of telemedicine, big fan of endocrinologist. Thanks everybody out there for what you do.
2:18.2	Okay.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Dr. Jim Dahle of the White Coat Investor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Dr. Jim Dahle of the White Coat Investor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.