<\/strong><\/p>\n
how big should the buyout be?<\/strong><\/p>\n
by marc rosenberg<\/i>
\nthe rosenberg practice management library<\/i><\/a><\/p>\n
<\/p>\n
no matter what, we need to modify our agreement so that if someone wants to leave early, they can do so, but they must know there will be a stiff penalty. we don\u2019t want our partners to see their vested buyouts as large savings accounts that can be withdrawn at any time. instead, we want them to see our buyout as a true retirement plan, one that is redeemed close to or at a normal retirement age. my current thinking is that we restrict it in a similar way to an employer-funded retirement plan. the first day you can withdraw is the day you reach 55\u00bd, subject to vesting provisions and stiff penalties for early withdrawal. we think there should be a minimum number of years as a partner in order to receive any buyout.
\n read more →<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
how big should the buyout be?<\/strong><\/p>\n
by marc rosenberg<\/i>
\nthe rosenberg practice management library<\/i><\/a><\/p>\n
<\/p>\n
no matter what, we need to modify our agreement so that if someone wants to leave early, they can do so, but they must know there will be a stiff penalty. we don\u2019t want our partners to see their vested buyouts as large savings accounts that can be withdrawn at any time. instead, we want them to see our buyout as a true retirement plan, one that is redeemed close to or at a normal retirement age. my current thinking is that we restrict it in a similar way to an employer-funded retirement plan. the first day you can withdraw is the day you reach 55\u00bd, subject to vesting provisions and stiff penalties for early withdrawal. we think there should be a minimum number of years as a partner in order to receive any buyout.
\n read more →<\/a><\/p>\n","protected":false},"author":1339,"featured_media":124631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"129943,130736,130682,133566,134808,132993","_relevanssi_noindex_reason":"","footnotes":""},"categories":[3120,3002,2298,2266],"tags":[],"class_list":["post-124627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pro-member-exclusive","category-special","category-succession","category-partner","membership-content","access-restricted"],"acf":[],"yoast_head":"\n