• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

Retirement: More CPAs may provide 401(k) plans

Article

An informal poll of certified public accountants found that more of them may get into the business of retirement planning.

An informal poll of certified public accountants found that more of them may get into the business of retirement planning, by offering 401(k) plans to their clients, according to a recent article in Investment News. The logic behind this is that clients already have formed a bond of trust with their CPA, most of whom already help fill out tax papers for retirement accounts.

In working with small businesses, CPAs would likely take a cautious approach to 401(k) investing, to avoid aggravating and losing a client, or would hand over the choice of investments to a professional retirement plan administrator and third-party record-keepers. "These services are well-suited to CPAs since they're a mixture of tax law, planning, and accounting," says CPA Sherman Doll of Capital Performance Advisors, in Walnut Creek, CA.

Related Videos
© drsampsondavis.com
© drsampsondavis.com
© drsampsondavis.com
© drsampsondavis.com
© drsampsondavis.com