Setting up a retirement plan for your practice can be a significant advantage for both you and your employees. It not only facilitates future savings but also enhances your ability to attract and retain top talent. Additionally, a well-structured retirement plan offers substantial tax benefits, potentially including tax credits under the SECURE 2.0 Act for implementing a 401(k) plan.

If your practice already has a retirement plan, it’s crucial to regularly review it and compare it with other available options. Are you using the most advantageous plan for your practice’s needs?

Key discussion topics:

• Selecting the Right Retirement Plan Options: Understand the different types of plans available, including 401(k) and cash balance plans, and choose the best fit for your practice
• Maximizing Tax Benefits: Explore how various plans can provide tax advantages, including new credits under SECURE 2.0
• Evaluating Cash Balance Plans: Assess the potential pitfalls and benefits of cash balance plans.

Together let’s ensure your practice is making the most of retirement planning opportunities.