Paycheck Update: 12/15/2015

Bi-Monthly Paycheck: 12/15/2015

 

my paycheck as a doctor biweekly for 12/15/2015

 

Final student loan payment! That’s one less website to check, one less payment to send, one less bit of money that leaves my pockets every day.

401(k) and 401(k) match for the year is all maxed out. I’ll have final numbers with my last paycheck.

The 401(a), also called a Money Purchase Plan is paid for as always by my medical group (I just add it all as income and show you where it goes).

The Cash Balance Plan is that little pseudo-pension that’s becoming more popular now. I still have a pension from the old medical group but that isn’t going up in value, and I will have to work until 2019 to vest into that… it’s complicated, I’ll write more about it later.

It’s been a while since I’ve purchased any funds in my private brokerage account. The last few paychecks have been going towards the condo for the cash purchase and before that all my income was going towards paying off the student loans.

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