Retirement Plans for Dentists
Retirement plans remain the best legitimate tax-sheltered savings tools for doctors. At Collier & Associates, we’ve created thousands of IRS-approved retirement plans for dentists over the past 50 years. We pride ourselves on keeping our clients’ interests first in terms of providing first-class service with plan documents and the annual plan administration through our affiliated actuarial firm. In terms of fees, we charge very reasonable fees for the work we do, and perhaps most importantly, advise our clients on how to reduce or eliminate the biggest plan cost of all – investment management fees.
We currently offer the following IRS-approved qualified retirement plans:
Profit-Sharing 401(k) Plans: Most of our clients opt for so-called “cross-tested” “safe harbor” plans as they coincide closest to our client’s goals. Our model plan document offers both Traditional and Roth 401(k) salary deferral options.
Cash Balance Defined Benefit Plans: For high-contribution potential.
Why Choose C&A For Your Retirement Plan?
Experience You Can Trust
Decades of expertise in designing and maintaining IRS-approved retirement plans.
Tailored to Your Goals
Plans designed to align with your savings goals, practice profitability, and staff demographics.
Affordable & Flexible
No annual maintenance or holding fees; fees are charged only for specific work requested or required.
Independent Advice
We are not affiliated with any brokerage firms or insurance companies, so you have complete freedom in choosing where to invest.
Our Services Cover:
- New Plan Creation: Tailored retirement plans designed to meet our client’s goal.
- Plan Reviews: Assess existing plans, explain what’s working and what can be improved.
- Amendments: Handle IRS-required or client-requested changes.
- Documentation: Full support from plan inception to termination.
How Much Can You Save?
- For 2025, contributions can be up to $69,000 or $76,500 (with a $7,500 catch-up for those 50+).
- Defined benefit plans allow contributions exceeding $150,000 annually, depending on your income, age, and retirement timeline.
- Employing your spouse? They may also qualify for large contributions.
How Our Process Works
STEP ONE
Initial Feasibility Study
Complete a short questionnaire about your practice, goals, and staff.
STEP TWO
Review & Recommendations
We then work with our actuaries to produce and present you with different plan design options. During our follow-up phone or video conference we answer all your questions and further explain the different options.
STEP THREE
Plan Setup
Once approved, we handle all legal paperwork and documentation. You’ll receive an easy-to-understand package of plan documents, assist in setting up your chosen investment platform, whether that’s a simple trustee-directed plan at a custodial firm like Charles Schwab, Fidelity, or Vanguard, or a participant-directed platform at a different provider.
STEP FOUR
Ongoing Support
We maintain your plan to ensure IRS compliance. Any required amendments or updates are handled promptly and charged on a fee-for-service basis. Unlike most plan providers who charge an annual document fee whether or not any work is actually being done on the document in that year, we only charge when there is work to do.
Ready to get started?
Click the “START THE PROCESS” button below to begin your feasibility study. If you would like to discuss any specific details, or have questions, you may request a consultation below, and our retirement plans administrator will reach out to you.
