As we head into the last few months of 2015, and as your patients begin to make their holiday shopping lists, now is the perfect time to remind them of another gift for themselves or their families that they’ve already paid for – dental insurance and/or a Flexible Spending Account (FSA).
We are all aware of the looming changes to the dental community that will become effective in 2016 regarding Medicare and the dental office. Even though most services provided in the dental office will not be covered, there are some services that may potentially be eligible for coverage.
Information abounds on ways for a dentist to prepare for retirement. Topics most often include complex tax strategies, pensions, investments, savings, the sale or lease of commercial property, and how to structure Associate agreements, just to name a few. While all are important to a successful retirement plan, let’s take a look at five other easy and affordable “hidden gem” retirement strategies for dentists who one day – maybe soon – plan to sell their practice and retire.