102 | How to Switch From a W2 Job to a 1099 Job

Both W2 and 1099 jobs have pros and cons as reviewed back in episode 099. But what are all of the steps involved once you decide that you want to work as an independent contractor in a 1099 position as a PA or other medical healthcare provider? Since you're functioning as both the employee and the employer in a 1099 role while contracting with another company, there are many things that need to be set up behind the scenes.

In this episode, my friend and colleague Kristen joins me to discuss various steps like finding a supervising physician to collaborate with, setting up our own LLCs, obtaining our own malpractice insurance, setting up our own benefits such as medical insurance and retirement accounts, and much more. Take a listen to this informative and detailed episode to help you with your transition from a W2 role to a 1099 role!


Are you just beginning your journey to financial independence and want to learn more? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!

Are you interested in transitioning into a telemedicine role, but don't know where to start? Download your FREE copy of Transitioning to Telemedicine: Your Guide to Finding a Telemedicine Job


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