Is There a Doctor in the House?

9th Apr 2018

As our country looks for cost-effective healthcare solutions, telephone consultations with doctors are growing in popularity in the U.S.  TelaDoc, one of the largest startups offering these services, contracts with several thousand independent medical practitioners who work from their home offices.

Last month, an Ameriprise financial advisor introduced us to a doctor in Missouri, age 43, who set up an S-corp. for his telephone practice and pays himself $140,000 in W-2.  We designed a Defined Benefit retirement plan to which this physician will contribute $135,000 each year, 100% tax-deductible!

Are you a physician or medical professional who is looking for a small business retirement plan? As a doctor, a defined benefit plan may hold great appeal to you as an independent contractor or self-employed business owner because you can contribute and deduct more than other retirement programs. Many business owners will notice how impressively large benefits can be accrued quickly.

 

Dedicated DB@ DedicatedDB

The July 15 Tax-Filing Deadline Is Approaching; New Retirement-Account Rules Can Benefit You via @entrepreneurhttps://t.co/MkuK1TOgtk

9:32 PM 10 July 2020

Dedicated DB@ DedicatedDB

If you want to learn more about flexible retirement solutions, get our updated Defined Benefit plan white paper… https://t.co/kmD9rL70Al

7:32 PM 10 July 2020

Dedicated DB@ DedicatedDB

How Businesses Have Successfully Pivoted During the Pandemic via @HBR #pivot #pandemic #success https://t.co/AGALIfdnMx

5:31 PM 10 July 2020

Dedicated DB@ DedicatedDB

Slideshow: 20 red flags for an IRS Audit via @kiplinger #taxaudit #taxreturn #IRS https://t.co/pSWHXF0zFi

3:31 PM 10 July 2020

Dedicated DB@ DedicatedDB

Basecamp founder on becoming a millionaire overnight: ‘A mild crisis of faith ensued. Is this it?’ via @cnbcmakeithttps://t.co/bDNWTrhtbN

9:41 PM 9 July 2020

Dedicated DB@ DedicatedDB

Why Your Business Should Always Pivot via @forbes #pivot #smallbusiness #entrepreneurship https://t.co/I9XMi3o9py

7:41 PM 9 July 2020

Estimate contribution and deduction with our DB calculator Try it now

Send this to a friend