Year-end planning is just as important as your day-to-day operations. One of the most well-known retirement tools is the Roth IRA — where you pay taxes on your contributions now, and your growth and withdrawals in retirement are completely tax-free.

However, there are two major limitations:

1. If your income exceeds certain thresholds, you can’t participate.
2. You’re restricted by annual contribution limits.

At Encompass Group, we design strategies that work similarly to a Roth IRA — offering tax-free growth and tax-free access in retirement — but with no income limitations and no contribution caps. Even better, we can often structure it so your employer or practice helps fund it, potentially creating a tax deduction at the business level. We of it as a “Roth IRA on steroids.”

For practice owners, these same strategies can integrate directly into a succession plan — ensuring you’re not only saving more efficiently now but also maximizing the value of your business when it’s time to exit.

Whether you’re a practice owner or an employee, these approaches can help you keep more of what you earn, reduce taxes, and build lasting financial certainty.

If you’d like to explore how these strategies could work for you, please use the form or Calendly link below to schedule a confidential conversation.
Don’t wait — year-end is the perfect time to take advantage of what the tax code allows to lessen your tax obligation and secure your future.