
A Guide to Doctors’ and Lawyers’ Favorite Vehicle to Reduce Taxes
Common Questions and Answers on cash balance plans - Doctors' and Lawyers' favorite vehicles to reduce taxes.
Common Questions and Answers on cash balance plans - Doctors' and Lawyers' favorite vehicles to reduce taxes.
Cash Balance Plans are a great tax reduction and retirement planning strategy for doctors. They also can help recruit new doctors to join existing medical groups.
Cash balance plans continue to grow in popularity. They can save business owners $200,000 per year in tax per owner. Any company with less than 100 employees should determine if a cash balance plan is right for them.