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Holding on to Your Money: Strategies To Maximize Your Profit-Sharing Contributions

Holding on to Your Money: Strategies To Maximize Your Profit-Sharing Contributions


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by Harvey Susnick, CPA
Until recently, physicians who wanted to maximize their contributions to qualified employee benefit plans?whether pension or profit-sharing?felt stymied by restrictions linking the amount of their contributions to the size of contributions made by or for their employees. Over the past few years, however, Congress has loosened the connection between physicians? benefits and staff benefits.