Retirement Plans | General/Other

Save Money By Making Necessary Changes Now To Your Retirement Plan

Is your retirement plan due for a required restatement soon? Now is the perfect time to review and make changes to your plan, potentially saving you money on future fees and maximizing your benefits.

Retirement Plans | General/Other

3 Tips to Reduce Your Retirement Plan Liability (Online Only Article)

Learn how to reduce your retirement plan liability by navigating recent regulatory changes and optimizing your investment options to protect your financial future.

Retirement Plans | General/Other

Have You Added Part-Timers To Your 401(k) Plan Yet?

Discover the impact of the SECURE Act on part-time employees' eligibility for 401(k) contributions. Learn how to amend your retirement plan and ensure compliance with recent changes, including options for matching contributions and emergency savings accounts.

Retirement Plans | General/Other

Are You Ready For An IRS Retirement Plan Audit?

The IRS is taking a "kinder" approach with it's Pre-Examination Compliance Program for auditing retirement plans. Here's why you should consider this option if selected.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Retirement Plan Health Check: 4 Costly 401(k) Mistakes and How to Fix Them

Unlock the secrets to maximizing your 401(k) Profit Sharing Plan, as we unveil personalized strategies for doctors to navigate common pitfalls and supercharge their retirement savings.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Overcoming The Hurdles For A Successful Cash Balance Retirement Plan

Cash balance plans can be an excellent vehicle for funding your retirement, but there are 3 roadblocks you must overcome to unlock this plan's full potential!

Retirement Plans | General/Other

How To Get The Optimum Benefit From Your Retirement Plan

Your retirment plan can make or break your retirement savings. Make sure you're maximizing your funding so you can hit your savings goals in the fastest time possible.

Retirement Plans | General/Other

Cost-Effective Solutions If Your Retirement Plan Is Overfunded

If your retirement plan is overfunded, you could be hit with additional income taxes and penalties. Fortunately, Editor John McGill shares 3 ways you can maximize your retirement funding while eluding these unnecessary taxes.

Retirement Plans | General/Other

How To Get The Best Results From Your Retirement Plan

Our recent member survey revealed what doctors are—and aren’t—doing to maximize their retirement funding. See how your retirement saving strategy compares.

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

Use Roth Conversions To Turn Your Stock Market Lemons Into Lemonade

While the current economic “perfect storm” is wreaking havoc on the stock market, there is a silver lining—it’s the perfect time to take advantage of the Roth conversion strategy to achieve tremendous tax savings.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Now’s The Time To Review Your Retirement Plan

When your practice retirement plan is properly designed, you'll enjoy substantially bigger tax savings and maximize contributions for you and your family. Are you in the best retirement plan?

Retirement Plans | General/Other

8 Major Changes You Need To Know Under The New Retirement Rules

2020 brings some of the biggest retirement plan change provisions in a decade. To avoid higher taxes or costly lawsuits, we highlight the changes you must not miss.

Retirement Plans | General/Other

Use A Proactive Retirement Plan Advisor To Help Meet Your Financial Goals

If your retirement plan advisor is not providing this service for you, it's time for a change.

Retirement Plans | General/Other

Are You Getting The Best Results From Your Retirement Plan?

Fewer than 20% of doctors are reaping maximum benefit. Here's how you could generate bigger tax savings with retirement plans.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Combination Retirement Plans Gaining Favor To Reach Retirement Goals

Is your retirement savings plan this creative and flexible?

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

Inherited IRAs - Making The Most Of The Complex Rules

Determining the optimal strategy for inherited IRAs is one of the most complex decisions that doctors will face. Knowing your options ahead of time can save thousands!

Retirement Plans | 401(k), Cash Balance, Defined Benefit

IRS To Allow Mid-Year Changes To 401(k) Plans

If you've been thinking of making amendments to your current retirement plans, wait no longer!

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

Turbocharging Roth IRA Investment Returns: Opportunities And Pitfalls (Part Two)

Avoid disastrous tax (and other) consequences by treading carefully with your alternative investments.

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

Turbocharging Roth IRA Investment Returns: Opportunities and Pitfalls (Part One)

Did you think Roth IRA funds could only be invested in stocks, bonds, or mutual funds? Check out these other permissible investments.

Retirement Plans | General/Other

How To Get The Most From Your Retirement Plan

A few simple changes to one doctor's plan boosted his annual retirement savings by $175k+ PLUS additional tax savings of $75k+ a year!

Retirement Plans | General/Other

What Does The Supreme Court's Decision Mean For Your Retirement Plan?

As trustee of their retirement plan, doctors can be held liable for failure to operate the plan in the best interest of all participants. Here's how to minimize your potential liability.

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

How A Roth IRA Can Save You Over $500,000

Use this 5-step process to maximize your tax-free Roth IRA conversions.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

How To Bring Your Defined Benefit Plan In For A “Smooth Landing” Into Retirement

Find out before it's too late if you're underfunding, or overfunding, your retirement plan!

Retirement Plans | General/Other

IRS Increasing Retirement Plan Audits (Online-Only Article)

Do you know what to do if the IRS comes knocking? Here's how to handle this growing threat.

Retirement Plans | General/Other

Top Strategies To Reduce Staff Retirement Plan Costs

Here are 9 ways to save on funding costs so you can reallocate compensation to benefits more appreciated by employees.

Retirement Plans | General/Other

Common Mistakes In Operating Your Retirement Plan (Online-Only Article)

Your retirement plan may be violating the law! Learn the six most common errors made when completing an employee census form.

Retirement Plans | General/Other

Retirement Plan Mistakes That Cost Doctors Thousands

Are you using the wrong retirement plan?

Retirement Plans | 401(k), Cash Balance, Defined Benefit

How To Properly Invest Defined Benefit Funds To Limit Risk While Maximizing Tax Benefits (Online-Only Article)

Most investment advisors invest defined benefit plan funds the same way as other accounts. That’s a huge mistake that can cost doctors dearly.

Retirement Plans | General/Other

Can You Establish Another Retirement Plan In Your Separate Satellite Practice Corporation?

The benefits of contributing to multiple retirement plans is obvious. Are you a candidate?

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Don't “Jump The Gun” On Taxable Roth 401(k) Conversions

While some financial planners have encouraged their clients to take advantage of a “loophole” to build tax-free retirement dollars, we urge doctors not to move too quickly.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Top Strategies To Maximize Tax Benefits From Your Retirement Plan

Fewer than 20% of doctors are getting the maximum tax advantage from their retirement plan. Follow these strategies to make it into this “top 20”!

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Traditional 401(k) Salary Deferrals Vs. Roth 401(k) Salary Deferrals: Which Are Better? (Online-Only Article)

Tax-free Roth 401(k) salary deferrals are now available, but are they right for you? Several factors must be considered to determine which type of 401(k) plan is most beneficial.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Should Your Retirement Plan Allow Participant-Directed Investments?

Before you decide what type of retirement plan is best for you and your staff, know the pros and cons.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

How The New Department Of Labor Disclosure Regulations Affect Your Retirement Plan (Online-Only Article)

All dental practices with a “covered plan” will be affected, so make sure you check out the new DOL regulations and understand your responsibilities!

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Tax-Slashing Cash Balance Retirement Plans Gaining In Popularity

Below, we discuss the advantages and disadvantages of defined benefit plans and why cash balance doctors are sleeping easier!

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

Should You Re-Characterize Your 2010 Roth IRA Conversion?

Don’t end up paying thousands of dollars in income taxes that could have been avoided by properly planning your Roth IRA conversion.

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

Update On Maximizing Roth IRA Tax Benefits

Doctors who follow our strategy for Roth IRA conversions average federal and state income tax savings of over $200,000, not including any estate tax advantages!

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

UPDATE to How Much Can a Roth IRA Conversion Save You?

Timing Roth IRA Conversions to Minimize Taxes – a detailed analysis

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

How Much Can a Roth IRA Conversion Save You?

Developing a Roth IRA conversion strategy before you retire could provide you thousands of dollars in tax savings.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

How to Maximize Retirement Plan Tax Savings for Group Practice Doctors

How do partners in group practice reconcile different retirement plan funding goals, and still maintain fairness?

Retirement Plans | 401(k), Cash Balance, Defined Benefit

New DBK Retirement Plan Offers Increased Contributions; Is It Right For You?

Before you select the new DBK for your retirement plan, make sure you understand its shortcomings.

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

How to Avoid Taxes on Your Roth IRA Conversion in 2010

Doctors who have made nondeductible IRA contributions in the past, can now convert those to a Roth IRA tax free…if you know how.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Six Strategies for Defined Benefit Doctors to Weather the Economic Storm

Doctors need to be aware of their funding options when large investment losses take a toll on their defined benefit plan.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

The Growing Advantage of Defined Benefit Plans in Achieving Retirement Goals

A defined benefit plan allows doctors to maximize their tax-deductible savings, but is it right for you?

Retirement Plans | 401(k), Cash Balance, Defined Benefit

How To Determine If You Should Make Traditional Deductible Or Nondeductible Roth Salary Deferrals Into Your 401(k) Retirement Plan

Most doctors are not eligible to contribute to Roth IRAs. The Roth 401(k) may be the next best option…or maybe not.

Retirement Plans | 401(k), Cash Balance, Defined Benefit

Consider a “Tiered” Defined Benefit Plan to Boost Retirement Savings on a Cost Effective Basis

Adopting a “tiered” defined benefit pension plan and “add-on” 401(k) can double or triple retirement plan contributions.

Retirement Plans | IRAs (Roth, SEP, SIMPLE, etc.)

How to Minimize Taxes on Converting Your Regular IRA to Roth IRA Status

Take advantage of the Roth IRA’s preferential tax treatment by timing your conversion appropriately.

Retirement Plans | General/Other

Top Ten Strategies Doctors Are Using to Reduce Staff Retirement Plan Costs

Doctors should consider reallocating staff retirement plan contributions, which often go unappreciated.

Retirement Plans | General/Other

Survey Shows Doctors Changing Retirement Plans to Increase Tax Deductible Funding

When it comes to retirement plans and staff funding, what are other doctors doing?

Retirement Plans | 401(k), Cash Balance, Defined Benefit

New Law Increases Tax-deductible Retirement Funding for Over-40 Doctors

Doctors are now able to operate both a 401 profit sharing plan and a defined benefit plan.