Articles

• Medical Practice Group Retirement Plans: The Good, the Bad and the Ugly

  The owner(s) have to make sure that all laws and regulations are followed to keep their plan in compliance, as well as to use several key rules for their own benefit, including avoiding AUM fees, using low cost index funds, and hiring the best service providers to manage the plan. Read on

• How To Reduce Your Practice Retirement Plan Cost

  It is well-known that the majority of retirement plan providers that serve the small and mid-sized retirement plans are bundled platforms that make most of their money via asset-based fees. Many plan providers do not offer the best available solutions to small solo and group practice plans, and this often means sub-par plan design and lack of any fiduciary or compliance services, which leads to higher plan cost and can potentially result in unnecessary expenses later on. Even those providers who are open-architecture tend to charge significantly higher fees for small solo and group practice plans relative to what the larger plans pay for the same services. However, it is definitely possible to get the best available plan services at a lower cost. Read on