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Resident Physician Disability Insurance (Do You NEED It?)

Relevant Factors for Resident Physician Disability Insurance What are the relevant considerations for resident physician disability insurance? Resident physicians may want to consider getting disability insurance for several reasons. For one, being a resident physician is a demanding and physically demanding job, and there is always the risk of on-the-job injuries or illnesses that could prevent a …

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Moonlighting In Residency (How MUCH Money Can You Make?)

What is Moonlighting? What are some opportunities for physicians moonlighting in residency?    When I say moonlighting, I mean working part-time for either the facility you’re training in or potentially an outside facility and getting paid higher than you would as a resident or fellow. First, the average annual compensation for a resident is around $60,000, less at the …

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Resident Student or Employee (Can You SURVIVE the Taxes?)

Medical Residents are Employees, Not Students Is a medical resident considered a student or an employee?     When you come out of med school, you have your first internship year, then you transition into residency, and you will get paid a salary, albeit a small one. Many residents still determine the tax classification once they enter residency and …

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