Physician Retirement Plan Analysis
Most practices implement some form of retirement plan for their employees. Whether it is a cash balance, pension, profit sharing or 401(k) plan, it is important to keep your plan current by reviewing trends in fiduciary compliance, investment selection, plan administration and tax reporting. Retirement plan providers have become increasingly competitive and now offer a variety of packaged programs that can provide substantial savings to both employer and employee.The Physician Advisors Retirement Plan Analysis reviews all plans you currently offer. Then, we introduce you to strategies you might not be using that could garner additional opportunities to defer income and build wealth.
The federal government has stepped up auditing of retirement plans and is assessing significant penalties upon companies that do not follow the letter of the law in carrying out their fiduciary responsibilities. The Physician Advisors Retirement Plan Analysis reviews your current plans and provides an objective analysis of procedures, investment options, employee communication and education, administration fees and service to assure your compliance with federal laws regarding your fiduciary responsibility. Contact us for more information.
For other resources, go to physician contract review and negotiation.
