We all have a “blue sky” vision of the way retirement should be, yet it helps to plan for retirement with a little pragmatism. Fate may alter the course of our retirement in ways we do not currently anticipate. So, as we plan for the...
As a Medical and Dental professional, you have unique challenges and circumstances to take into consideration when determining the best retirement plan for your practice. You want to offer a comprehensive plan, but also choose a plan that will be in the best interest of...
A decision not made may have financial consequences. There is an old belief that women are more cautious about money than men, and whether you believe that or not, both women and men may fall prey to a kind of money paralysis as they age...
This is the second article by my colleague and guest blogger, Carolyn McClanahan, MD, CFP, with Life Planning Partners, Inc located in Jacksonville, Florida. The article covers will your employer remain large in employee size or start reducing their workforce with part time employees. Following the...
Will your employer terminate their health insurance as a benefit for employees now the ACA is up and running. My guest blogger is Carolyn McClanahan, MD, CFP, financial advisor that operates Life Planning Partners, Inc in Jacksonville, Florida who comments on this very question. A popular...
Please enjoy our guest blogger, Jonathan Fleece, a health care attorney with Blalock Walters law firm located in Sarasota and Bradenton, Florida. His article discusses the medical home model and a new patient health care experience. The “patient-centric medical home model” has existed in concept for years...
IRS Announces Pension Plan Limitations for 2012 The IRS has issued news release IR-2011-103, which announces cost-of-living adjustments to pension plan limitations and other items for 2012. On October 20, 2011, the IRS issued news release IR-2011-103 announcing cost-of-living adjustments to dollar limitations for pension plans. Items...
Heck it is raining so I might as well keep ranting for a while. Getting back to DB Plans, I was commenting on other issues of fully insured plans. What about the death benefit? You cannot roll a life insurance contract to a IRA. So...
Recently I received an e-mail from a physician requesting information about a defined benefit plan. On top of all that he mentioned the plan would be fully funded with a life insurance and fixed annuity policy. His question was, "what is my take on a...