Simplify and Save: Why Physicians Should Consolidate Retirement Accounts
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As a physician navigating your career and changing employers, you may accumulate multiple retirement accounts that can be costly and cumbersome. Consolidating these accounts into a single IRA can offer several advantages:
- Lower Fees: Each retirement account typically has management fees. Consolidating accounts reduces the number of fees, maximizing your retirement savings.
- Streamlined Maintenance: Managing multiple accounts can be time-consuming, especially when minimum distributions (RMDs) are required at the age of 73 or 75. Consolidation simplifies monitoring and compliance.
- Simpler Estate Planning: A single account ensures clarity for beneficiaries, making managing and distributing assets easier after your passing.
The process is easier than you think. Contact Lenny Marzigliano, Vice President of Investments/Wealth Advisor, now a proud partner endorsed by MSSNY.
If you’re a physician looking to take control of your financial future or feeling unsatisfied with your current advisor, now’s the perfect time to act. Don’t miss the market momentum. Invest in your success now!
- Strategies tailored to your unique goals, including retirement planning, investment management, tax and estate planning
- Consolidating retirement plans like 401(k), 403(b), 457 and IRAs
- Building customizedequity and bond (taxable/tax-free) portfolios
Contact Lenny Marzigliano today for a FREE portfolio review and a complimentary consultation:
- Direct:(631) 457-2037
- Office:(516) 763-9700
- Email:[email protected]
Discover the Physician’s Life Income Plan and learn more at our monthly webinar!
Your financial health deserves the same attention as your patients’—achieve financial peace of mind.
