As the busy owner of a professional practice, whether that be veterinarian, dental, orthodontic, wellness, consulting, or ophthalmologist to name a few, you have a lot on your plate. From working with your patients, to handling administrative tasks, to trying to get enough sleep, there are many things competing for your attention on a day-to-day basis. Developing a retirement plan for your employees is yet another aspect that can be tricky for some professional practice owners to navigate. With so many different options available, many owners wonder “which kind of plan should I offer my employees?” or “should I offer a retirement plan benefit at all?” Offering the right plan for your professional practice can be a worthwhile investment with benefits for both you and your employees. Here’s a break down of the benefits, as well as several unique retirement plan structures you can choose from. Benefits of Having a...
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