The Chiropractic Retirement Plan
Written by Editor   
Thursday, June 28, 2018 08:30 AM

The Texas Chiropractic Association (TCA) is pleased to announce a new benefit for TCA members – The Chiropractic Retirement Plan – an opportunity for TCA members to create and maintain 401(k) plans.


Overview

The TCA and Tax Favored Benefits, Inc. (TFB), have designed a retirement plan option to meet the needs of the chiropractic community.  With a stand-alone 401(k) plan, each practice is responsible for the day to day administration of plan.  The Chiropractic Retirement Plan allows employers to outsource many of those administrative duties of plan sponsorship, while maintaining access to specialized investment advice through TFB. You retain flexibility regarding eligibility and employer contributions while benefiting from the combined purchasing power of all adopting employers. The Chiropractic Retirement Plan is more than an employee benefit, it is an opportunity to develop a powerful wealth building tool. Click here to learn more about investment philosophy of TFB.

Here’s how your future can benefit from The Chiropractic Retirement Plan:

  • Utilize a carefully designed tax deferral component in your wealth building strategy
  • Gain access to specialized financial advice
  • Develop personalized investment portfolios
  • Design a plan that meets the needs of your specific practice
  • Manage your tax liability
  • Incentivize and retain key employees
  • Mitigate fiduciary risk and liability
  • Reduce costs of 401(k) sponsorship

For more information, contact Nicolas Boyd with Tax Favored Benefits at (800) 683-3440 or [email protected].  To discover how your current retirement plan compares, ask TFB for a no obligation review your current plan.  They will include a clear comparison with The Chiropractic Retirement Plan features. All adopting employers must be members of the TCA.



Frequently Asked Questions

What are the adopting employer responsibilities?
Select plan design, submit plan contributions in a timely manner, purchase and maintain a fidelity bond, provide timely distribution notices to participants and prepare a year-end census.

Can an adopting employer decide to leave The Chiropractic Retirement Plan?
YES – each member retains the right to rejoin the open market.


Who is the recordkeeper?
All plan assets are held at Nationwide and the mutual funds are benchmarked and ranked quarterly.
                     

 


Note: Securities and investment advisory services are offered solely through Ameritas Investment Corp. (AIC). Member FINRA/SIPC. AIC, Texas Chiropractic Association, Nationwide, Vanguard, Morgan Stanley, BlackRock, American Century and Tax Favored Benefits, Inc (TFB) are not affiliated. Additional products and services may be available through Gabe Nelson or TFB that are not offered through AIC. Trades cannot be communicated to your registered representative by e-mail, fax or regular mail since the transaction cannot be executed on a timely basis. Please contact your registered representative by telephone to request trades. Registered Representatives of AIC do not provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation. Performance quoted does not guarantee future results. Please refer to your regular periodic statement for complete information.