Freedom Formula for Physicians Podcast

S7, Episode 23 - What is an 831(B) plan? With Ed Bryan of Strategic Risk Alternatives 831(b) Admin

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Synopsis

Have you ever wondered what is 831 b plans are? and how it differs from other plans? So, we have our guest today who will give an overview of the 831 b plan and its benefits. Ed Bryan has more than 20 years of sales and operations management experience with a consistent history of leading high-performing sales teams and operational excellence. As Director of Business Development. Ed leads the SRA team in partnering with clients and valued advisors to provide next-level strategies to business owners. He has been a featured speaker at numerous well-known national conventions and industry events in insurance, finance, and long-term planning. In this episode, Dave talks about… What is the 831 B plan all about? A little background about Ed Bryan Difference between the 831 B plan Vs. 401k Why Physician should be aware of this plan? What's different about this kind of plan? Can you do it on top of a 401K or a cash balance plan? What kind of practice that this would be a good fit for? What is the cost of setting up