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re: 30-year-old makes over $300,000 a year in a hospital—without going to med school.

Posted on 8/26/25 at 11:55 am to
Posted by Hangover Haven
Metry
Member since Oct 2013
31993 posts
Posted on 8/26/25 at 11:55 am to
quote:

big difference an a makes


During med school a lot of the programs are mixed… Med school medical doctor programs take many classes with other programs… Some of the MD students will be in A&P classes with Respiratory students…
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36669 posts
Posted on 8/26/25 at 11:56 am to
quote:

Surely she has a pass through LLC to avoid that


An LLC doesn’t do anything but protect your personal assets and you can’t just avoid employment taxes

fricking idiot
Posted by SWLA92
SWLA
Member since Feb 2015
4550 posts
Posted on 8/26/25 at 12:00 pm to
Really nice gig but if you ever wanted a family you couldn’t do the traveling gig. I would think you could still make a good living at a permanent residence
Posted by Cosmo
glassman's guest house
Member since Oct 2003
129200 posts
Posted on 8/26/25 at 12:00 pm to
quote:

An LLC doesn’t do anything but protect your personal assets and you can’t just avoid employment taxes fricking idiot


You avoid overpaying on medicare and SS

fricking idiot mango
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36669 posts
Posted on 8/26/25 at 12:01 pm to
quote:

You avoid overpaying on medicare and SS


Walk me through what having an LLC does to “avoid overpaying on Medicare and SS”
This post was edited on 8/26/25 at 12:09 pm
Posted by GeauxTigers123
Member since Feb 2007
3066 posts
Posted on 8/26/25 at 12:01 pm to
quote:

Some of the MD students will be in A&P classes with Respiratory students…


Not where I went.

Also, these places now called themselves a health science center and the med school is within the health science center. So only the med students are inside of the medical school.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27582 posts
Posted on 8/26/25 at 12:04 pm to
Assistant 300K a Year

CRNA 350K a Year


And we all wonder why healthcare is so expensive
Posted by saderade
America's City
Member since Jul 2005
26239 posts
Posted on 8/26/25 at 12:07 pm to
Neither of those are typical salaries for these professions.. definitely outliers
This post was edited on 8/26/25 at 1:16 pm
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
80476 posts
Posted on 8/26/25 at 12:12 pm to
quote:

Traveling gigs suck.


I dunno. Friend of mine is a travel nurse and absolutely loves it.

Finishes a contract, takes a month off then goes for the next contract.

Makes good money.
Posted by Turnblad85
Member since Sep 2022
4448 posts
Posted on 8/26/25 at 12:15 pm to
quote:

but she’s going to be 1099 and owe her 15% of the employment tax where as the doctor may also “make” relatively the same amount of money but his/her net pay will be a lot higher as an employee.



I Imagine she is using tax methods to get around her FICA but it is important to point out that being a contract employee is much different than a regular employee. PTO, Retirement match, healthcare, workmans comp, bonuses, potential severance, ect.

Employers love to not have to be responsible for all that and then some.

Making 300k 1099'd is similar to making 200k as an employee.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36669 posts
Posted on 8/26/25 at 12:19 pm to
quote:

I Imagine she is using tax methods to get around her FICA


Such as?
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
73030 posts
Posted on 8/26/25 at 12:19 pm to
That's fine at 30. In the next five years when her periods start acting funny, and she wants to settle down and have some kids while she still can, she's gonna have to take a drastic paycut.
Posted by Bigdawgb
Member since Oct 2023
3326 posts
Posted on 8/26/25 at 12:23 pm to
quote:

Neither of those are typical salaries for this professions.. definitely outliers


Not exactly...once you include taxes, benefits, retention bonuses etc. employed CRNAs will make similar compensation as locums/travel providers. Otherwise your staff would quickly resign & sign up for the higher travel rates.

This is very important in Healthcare compensation because the services are so standardized and globally in demand...it's 100x easier to move than with a regular old job.
This post was edited on 8/26/25 at 12:24 pm
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
73030 posts
Posted on 8/26/25 at 12:26 pm to
A guy in the neighborhood has an investment property in Atlanta, a really nice house with a pool, and he only rents it to traveling nurses. He only advertises it on the traveling nurse forums/pages/etc. Flexible lease terms, month to month, or longer. Rent always on time, all they do is work, they don't party, they don't tear your shite up, they don't have pets. Perfect tenants.
Posted by bengalbait
Grove Lounge
Member since Sep 2009
4590 posts
Posted on 8/26/25 at 12:32 pm to
Also, you have to consider the amount of student loan debt she saved by not going the MD route. In this day and age it's significant.
Posted by Jebadeb
Member since Oct 2017
5672 posts
Posted on 8/26/25 at 12:34 pm to
Where are the articles about oil field baws making 200k a year?
Posted by Bmath
LA
Member since Aug 2010
18862 posts
Posted on 8/26/25 at 1:01 pm to
quote:

Walk me through what having an LLC does to “avoid overpaying on Medicare and SS”


Read up on corp-to-corp contracting. You pay yourself a salary and can take distributions.
Posted by Hangover Haven
Metry
Member since Oct 2013
31993 posts
Posted on 8/26/25 at 1:03 pm to
quote:

Not where I went.


Where did you went?

Cadavers are expensive…
This post was edited on 8/26/25 at 1:08 pm
Posted by ragincajun03
Member since Nov 2007
27394 posts
Posted on 8/26/25 at 1:04 pm to
quote:

New Mexico now which has a lot of trouble attracting talent to move there. I see locum work there all the time.


Yep.

I know folks in the Hobbs/Carlsbad area who always say that if you need something medically done, go to Lubbock. One older guy in the Eunice (New Mexico, not Louisiana...not boudin) area I know has for years now driven to Lubbock for his dental appointments, rather than trust anyone around Hobbs.
Posted by slidingstop
Member since Jan 2025
1693 posts
Posted on 8/26/25 at 1:05 pm to
good for her. She sounds like a very smart, focused, savvy young woman.
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