and two considerations for the working partners.
by marc rosenberg
retirements & buyouts
the vast majority of firms pay retirement benefits over a 10-year period. we occasionally see five to seven years at lower payout levels.
some firms under $10 million adopt five-year payouts for goodwill, reasoning that because five-year payouts are common for the purchase of a cpa firm, the same term should apply to their own buyouts.