Twin Oak Advisors

The Department of Education has announced that the Savings on a Valuable Education (SAVE) plan will remain on pause for at least the next six months, with borrowers in an Administrative Forbearance with no payments, no interest, and no Public Service Loan Forgiveness qualifying months. This recent article from Kyle Flynn, CSLP® outlines how this impacts early-career physicians, other income-driven repayment plan options, and the differences between Administrative Forbearance and Processing Forbearance for those trying to change plans or enroll for the first time.

Who doesn’t love pickleball? Even better—pickleball for a CURE! Each year, Stop Alzheimer's Now hosts their Colorado UPA State Championship Pickleball Tournament in Steamboat Springs! This year, the event raised nearly $65,000 to benefit Alzheimer's research and featured almost 200 players. Our Senior Vice President, Shaun McDuffee, and his wife founded Stop Alzheimer’s Now in 2013, and they have raised nearly $850,000 to support global Alzheimer’s research and awareness initiatives. Join us in celebrating these incredible efforts and the power of community! Together, we’re making strides toward a future without Alzheimer’s—one point, one game, and one cause at a time. 🏓💜 #stopalzheimersnow #stopalznow #changinglivesforever __ The charitable entities and/or fundraising opportunities described herein are not endorsed by, or affiliated with Cetera Advisor Networks LLC or its affiliates. Our philanthropic interests are personal to us and are not reviewed, sponsored, or approved by Cetera Advisor Networks LLC.

A concern we hear from physicians in training when discussing disability insurance is the additional expense while living on a resident or fellow salary. But if you're worried about the cost of a disability premium now, consider what it would cost to financially support yourself if you were no longer able to practice medicine. Prioritizing coverage now, when you're younger and have access to training discounts of up to 30%, protects you in the long run. Learn more: https://lnkd.in/gGpSWPJD

Earlier this month, some of the Twin Oak Advisors team volunteered at and participated in the 2024 Steamboat Open Pickleball Tournament in Steamboat Springs, CO! Tournament proceeds benefitted Stop Alzheimer's Now, a nonprofit founded by Twin Oak CEO & President Shaun McDuffee. A great time was had by all raising funds and awareness for the cause!

Congratulations again to Twin Oak Founder and President Shaun McDuffee for his recognition as one of America's Top Financial Security Professionals by Forbes and SHOOK Research!

September is Life Insurance Awareness Month! We know it can be overwhelming to think about the possibility of no longer being here, but life insurance is an easy and affordable way to protect the loved ones who depend on you. Our team works with physicians at all training and career stages to secure coverage, protect your income, and answer any questions along the way. Learn more: https://lnkd.in/gr-iSdec #LIAM2024 #LifeInsurance

The simple answer: as early as possible. Most physicians know they need a disability policy before entering practice, but we encourage residents and fellows to pick up coverage while in training. In addition to having access to training discounts, the cost of coverage is generally lower the younger you are when you secure it. And with a majority of your earning years ahead of you, it's never too early to protect your current and future income as a physician. Learn more: https://lnkd.in/gGpSWPJD

"If you're early in career, I'm much more concerned with you getting your human life value covered while keeping the costs as low as possible. Term insurance is going to be the best way to do that." Life insurance comes in two forms: term and permanent. For early-career physicians, term coverage is a great way to protect your family's financial future and secure coverage at a younger age while keeping costs lower.

A great memory for Stop Alzheimer's Now! We're so proud of the work Twin Oak founder and President Shaun McDuffee has put into the organization to raise funds and awareness for Alzheimer's research initiatives.

An important overview from Kyle Flynn, CSLP® outlining recent updates in the student loan repayment space and how this impacts Public Service Loan Forgiveness (PSLF) for early-career physicians. Recent court rulings have brought confusion and many find themselves in a tough situation, at no fault or doing of their own, based on the automatic enrollment into the Savings on Valuable Education (SAVE) plan in the past 18 months. This SAVE plan is currently being benched in favor of an administrative forbearance which requires no payments or interest accrual, but currently does not count as qualifying months toward PSLF.