Cash Balance Plan

As a physician who owns your own practice, having an experienced, dedicated, and talented staff is vital for growing your business.

One way to attract top talent is to offer a higher-than-average salary. Another way is to provide sign-on bonuses and excellent employee benefits. This may include high-quality health insurance and life insurance.

A third way to attract qualified physicians, nursing professionals, and great support staff is to offer retirement plans to help employees build their savings and establish future financial security.

That’s where the cash balance plan comes into play.

Unlike traditional pension plans and 401k retirement plans, cash balance pension plans offer a unique savings opportunity for employees. They also offer significant benefits for the employer who provides the plan.

Looking for a new way to attract employees, increase earnings, and make a greater return on your investments?

Physician practice owners can do all those things with a cash balance plan.

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