We all love it when something costs less than we think it will, especially something pricey like college. If you plan to send your kids to a private university and they go to a state school, what can you do with the extra money? Listen in as Nate Reineke and Ben Utley celebrate graduation season and break down the most effective ways to save for college and what you can do with leftover 529 funds.

We also answer your colleagues’ questions.

529 vs HYSA

A cardiologist in Oregon is curious which is better for saving for an upcoming college expense, a 529 college savings plan, or a regular high-yield savings account.

529 vs State Prepaid Plan

An ENT in Florida wants to know the benefits of using the Florida prepaid plan rather than a 529 college savings plan.

Funding Private Education

A Plastic surgeon in Missouri is wondering if using a 529 is a good way to pay for private K-12.

Are you ready to turn worries about taxes and investing into all the money you need for college and retirement? It’s time to make a plan and get on track. To find out if we’re a match, visit physicianfamily.com and click get started, or you can ask a question of your own by emailing podcast@physicianfamily.com.

See marketing disclosures at physicianfamily.com/disclosures

Bug infestations are stressful. Having an established relationship with a “bug guy” helps exterminate that stress. All emergencies are more stressful when you try to handle them alone, but having a financial planner who enables you to understand where funds can come from helps decrease your stress. Listen in as Ben Utley and Nate Reineke discuss what funds you should use to save for retirement and how those funds help cover you in an emergency.

We also answer your colleagues’ questions.

Changing Advisors

An ENT in Florida is changing advisors and wants to know if a proper break-up is required or if ghosting is acceptable.

Covered Call and Put Options

An internal med doc in Texas has been trying to get more involved in his finances and wants our opinion on covered call and put options.

A listener emailed in and is changing jobs. They are curious if they can fund an HSA right away or if they have to wait since they currently have an FSA.

Are you ready to turn worries about taxes and investing into all the money you need for college and retirement? It’s time to make a plan and get on track. To find out if we’re a match visit physicianfamily.com and click get started or, you can ask a question of your own by emailing podcast@physicianfamily.com.

See marketing disclosures at physicianfamily.com/disclosures

If fishing were easy, they’d call it catching. If backdoor Roths were easy, they’d call it a loophole. Listen in as Nate Reineke and Ben Utley answer a cumbersome backdoor Roth question from a physician who fears they made a mistake, but the answer may be simpler than anticipated.

We also answer your colleagues' questions.

Investing Now: A retired physician in Alaska has a large nest egg, and they are concerned about the current economic and political situation. They want to know the best way to invest the cash.

Practice buy-in: A specialist on the East Coast has a buy-in opportunity and is wondering the best way to finance it.

Cash Balance Plan: An interventional radiologist from New Jersey is close to retiring and is curious if a cash balance plan is a good idea.

Are you ready to turn worries about taxes and investing into all the money you need for college and retirement? It’s time to make a plan and get on track. To find out if we’re a match visit physicianfamily.com and click get started or, you can ask a question of your own by emailing podcast@physicianfamily.com.

See marketing disclosures at physicianfamily.com/disclosures