As an employed physician, are you tired of seeing half your paycheck go to taxes? Employed physicians face a lack of tax-sheltered savings space compared to their business-owning counterparts.
After you max out your 401k/403b, there are few options for tax-deferred savings. There is an option offered by some hospitals and health systems, the 457(b) plan.
On the surface, the 457(b) plan appears to be just what employed physicians need, more tax-deferred savings space!