Retirement plans for medical practices
For your team’s future.
A clear proposal shows the costs, the investment choices and who does the work.
What a good proposal shows.
Costs in writing
Administrative and investment fees, set beside the services you receive.
A fit for your team
Plan options weighed against your census, ownership and contribution goals.
Clear responsibilities
Who handles setup, payroll, recordkeeping, testing and filings, and what stays with you.
A plan they can use.
Investing, spending and retirement planning in one familiar app.
Managed or self-directed
A managed portfolio matched to risk tolerance, or holdings employees choose themselves with automatic investing. Confirm the choices available in the proposed plan.
Spending in view
Budgeting tools show how retirement contributions fit with the rest of an employee’s finances.
A view of retirement
Projections show where the current plan may lead. They are estimates, not guarantees.
How it works.
Fee review
Compare what your practice pays today, in administration and investments, with the proposed plan.
Plan design
Choose the plan type and investment menu, with the specialists responsible for each.
Launch and reviews
Enrollment and payroll setup, then scheduled reviews, with each provider’s role in writing.
Common questions.
Can a different plan lower our fees?
Can our team choose their own investments?
What does switching providers involve?
What plan types can we consider?
Not a medical practice? Explore 401(k) planning for businesses
- Cost comparisons depend on each plan’s services and written fee disclosures. The proposal and applicable agreements identify the advisory entity, provider responsibilities and fees.
Start with your current plan.
Discuss your arrangement and what a written comparison should cover.