Litovsky Asset Management

Retirement plan cost comparison calculator - this is the only tool that I'm aware of that can be used to calculate and compare your retirement plan costs over time:

https://retirementplanhub.com/retirement-plan-cost-calculator/

This is the easiest way to see how costly AUM (assets under management) fees are over the long term, and why it is important to get rid of all of your AUM fees.

Retirement Plan Cost Calculator | Retirement Plan Hub As a solo contractor, a small practice owner, or a partner in a group practice, you will definitely want to consider a retirement plan to minimize your tax liability and to save for retirement. While the types of plans available for solo contractors and small practice owners are nearly identical, th...

https://litovskymanagement.com/2018/03/group-practice-retirement-plans/

Even though group practice retirement plans typically have a relatively small number of participants, these plans can be more complex and laden with compliance issues and challenges. Older group practice plans often have serious compliance and fiduciary issues, and unless someone knowledgeable takes the time to examine the plan operation and paperwork, chances are that these issues would only be discovered upon an audit by the Internal Revenue Service or U.S. Department of Labor – in other words, much too late. Compliance errors and fiduciary breaches can potentially lead to hefty IRS and DOL penalties and fines, especially if such breaches have occurred over many years. Therefore, it is preferable and almost always less costly to not only fix them, but also to make sure that your plan is run in such a way as to eliminate the possibility of serious breaches, errors, and liabilities in the first place.

Group Practice Retirement Plans: Fix Problems, Improve Your Plan, Minimize Cost | Litovsky Asset Management: Retirement Plans for Doctors & Dentists Even though group practice retirement plans typically have a relatively small number of participants, these plans can be more complex and laden with compliance issues and challenges. Older group practice plans often have serious compliance and fiduciary issues, and unless someone knowledgeable takes...

https://litovskymanagement.com/2014/01/hiring-fiduciary-adviser/

While fiduciary liability is an important consideration, the primary reason to hire a fiduciary who will act in your best interest is to help you minimize your plan expenses and assist you in managing your plan investments.

Hiring a Fiduciary Adviser for Your Retirement Plan | Litovsky Asset Management: Retirement Plans for Doctors & Dentists While fiduciary liability is an important consideration, the primary reason to hire a fiduciary who will act in your best interest is to help you minimize your plan expenses and assist you in managing your plan investments.