AANS members have been asking for high quality benefit planning services and retirement programs that they can implement for their practices and offer their employees. In response, the retirement programs and consulting services of Chernoff Diamond & Co. are now available to AANS members through an exclusive arrangement that permits access to Chernoff Diamond’s comprehensive benefits advisory and administrative services at considerably reduced rates.
“In keeping with our ongoing commitment to provide value to members, we were searching for a benefits consulting firm that could offer a retirement plan that is custom-designed for AANS members’ medical practices,” noted William F. Chandler, MD, chair of the AANS Member Benefits Development Committee. “AANS selected Chernoff Diamond & Co. because it has been an acknowledged leader in the industry for 25 years and can offer members a unique, expanded plan designed specifically for medical professionals and their practices.”
Chernoff Diamond developed STRAT-SD®, a flexible, IRS-approved retirement program that enables physicians to make substantial tax-deductible contributions. While traditional plans typically allow maximum contributions of $40,000 per year, STRAT-SD permits designated physicians to make contributions totaling up to $200,000 each year. At the same time, costs for eligible staff remain low, unless a practice chooses to provide greater benefits.
STRAT-SD was designed to accommodate the sometimes wide range of circumstances that prevail among different physicians, often within the same group practice. In this respect, a retirement plan can be designed to provide different contribution levels as well as to permit each participant to tailor investments to his or her personal and financial objectives, 24 hours a day and 7 days a week, on the Internet or over the phone. In addition, individual participant and full plan reporting, annual filings, and comprehensive administrative services are provided as an integral part of the program.
Chernoff Diamond consultants will be available at the AANS Annual Meeting in San Diego at Booth 2522. Private consultations with Chernoff Diamond professionals also will be offered by appointment and at no charge during the Annual Meeting. AANS members can contact Chernoff Diamond by telephone at (516) 683-6100 (ask for AANS Retirement Plan Services) or by e-mail at [email protected] for further information or to reserve time for a private consultation. Additional information is available by visiting https://www.chernoffdiamond.com/aans.
Kathleen T. Craig is AANS director of marketing.