beyond MD with Dr. Yatin Chadha

• Ep #99 - Comparing Pension Plans for Incorporated Doctors - with Sean Wilson & Navaz Cassam

  Today we dive back into pensions for incorporated professionals. On this ride, we compare and contrast 2 good pension options: the individual pension plan (IPP) and the Healthcare of Ontario Pension Plan (HOOPP).For today's chat I'm happy to welcome Sean Wilson (CFP, CIM), founder of Moraine Wealth Advisory, and Navaz Cassam, president & chief actuary of GBL Inc.HOOPP vs IPP White Paper:https://morainewealth.com/blog/hoopp-vs-ipp/Discussion points:- overview of pensions (1:45)- introduction (2:42)- what is a defined benefit (DB) pension plan? (4:38)- the DB pension formula (5:20)- establishing earnings for a pension plan (8:03)- pension eligibility (9:43)- pension plan contributions (11:43)- why are extra contributions helpful? (14:40)- IPP special contributions (19:10)- impact of disability (21:23)- IPP investing - DIY & control (21:50)- IPP costs (26:32)- flexibility & control in a pension plan (28:03)- withdrawing from a pension (32:46)- terminal funding (33:54)- considerations for a retirement compensation arrangement (36:36)- indexing the defined benefit to inflation (38:40)- IPP projections - starting age 40 with $200K of T4 income (40:18)- who shouldn't consider a pension? (45:37)- closing thoughts (47:38)Yatin ChadhaNYGH Fundraiser: https://donate.nyghfoundation.ca/site/TR/Events/Rally_in_the_Ravine?px=1561359&pg=personal&fr_id=1310LinkedIn: Yatin Chadhabeyond Radiology:https://beyondradiology.thinkific.com/products/courses/ct-head-interpretation-coursehttps://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-courseSean Wilsonhttps://morainewealth.com/https://www.linkedin.com/in/sean-m-wilson/Navaz Cassamhttps://www.linkedin.com/in/navaz-cassam-0b025716/

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• Ep #98 - Death and Taxes for Incorporated Professionals in Canada - with Mehul Gandhi, CFP, CLU, TEP

  Today I welcome Mehul Gandhi (CFP, TEP, CLU) from Westmount Wealth to discuss death & taxes for incorporated small business owners in Canada.The episode is broken down into 3 parts:- the layers of tax facing the estate upon death of an incorporated professional- strategies to mitigate the tax hit- who can help us & the importance of updating our willsDiscussion points:Introduction (3:05)The layers of tax on one's estate after an incorporated business owner passes away (6:08)How much tax can our estate face with no planning? (18:00)Estate freezes (19:18)First post mortem tax reduction strategy - loss carryback (22:03)Pipeline strategy (24:34)Why it's important to keep our wills updated (27:30)Corporate share structure (30:24)Insurance to navigate illiquidity challenges (35:42)Who needs a holding company? (40:32)Tax reduction with proper planning - how much? (43:04)Help us with estate planning - who? (45:05)Closing thoughts (47:45)Mehul Gandhihttps://www.linkedin.com/in/mehulgandhicfp/[email protected]://www.westmountwealth.com/Yatin Chadhabeyond Radiology:https://beyondradiology.thinkific.com/products/courses/ct-head-interpretation-coursehttps://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-courseEmail: [email protected] LinkedIn: Yatin Chadha

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• Episode #97 - Finding purpose, my new course, and my message to new medical trainees and staff

  Thank you for joining me on this solo episode where I share my journey (and struggles) en route to finding what truly lifts me up. I'm also thrilled to share my new course (beyond Radiology), which I hope will help my colleagues with their radiology knowledge. Finally, I have a message for trainees and new staff (I hope it resonates).Contents:- overcoming challenges over the last few years (0:50)- finding more fulfillment at work (11:05)- my new course, beyond Radiology (13:45)- finally finding purpose (18:05)- my message for medical trainees and new staff (19:43)Links:beyond Radiology:https://beyondradiology.thinkific.com/products/courses/ct-head-interpretation-coursehttps://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-courseEmail: [email protected] LinkedIn: Yatin Chadha

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• Ep #96 - August update, slow productivity, turning work into play

  Hey Friends! I'm a bit delayed in releasing a new episode, so I wanted to provide you with a quick update.The next full episode will be August 14th - I hope to see you there.I hope summer is treating everyone well!Yatin

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• Ep #95 - Building Resilience and a Sustainable Career for the Long Term - with Dr. Mamta Gautam

  Today I host Dr. Mamta Gautam, MD, MBA, FRCPC, CPDC, CCPE, CPE. Mamta is an internationally renowned psychiatrist, consultant, certified coach, author and speaker. Focused on Physician Health and well-being since 1990, she is a trailblazer in this field and is known as the “The Doctor’s Doctor”.  In the past 2 decades, she has expanded her work to include Leadership Development, to better address system-level factors that impact the wellbeing of healthcare workers.Discussion points:- Mamta's background & fascinating origin story (3:23)- how to pursue growth at work to create an enjoyable & sustainable career (6:45))- burnout - what are the key signs? (18:00)- preventative measures for burnout (21:33)- how relevant is financial literacy in combatting burnout? (27:22)- building resilience - the 5 C's (33:27)- where you can learn about Mamta's work (46:40)- closing thoughts (48:04)--------------------------------------------------------------------------------------------------------------This episode features Arya EHR - https://www.aryaehr.com/**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcastLinks:Mamta Gautam:X: https://twitter.com/PEAKMDLinkedIn: https://www.linkedin.com/in/mamta-gautam-peak-md-6a7a3422/Instagram: https://www.instagram.com/peak.md/Facebook: https://www.facebook.com/peakmd.ca/BlueSky: https://bsky.app/profile/peakmd.bsky.socialYatin Chadha:Email: [email protected] LinkedIn: Yatin Chadha

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