Full Service Plans: Retirement

These plans are managed start-to-finish by a Time Well Spent consultant. The plans are collaborative and personalized, and there’s no need to assign an outside administrator. You can be assured that your Time Well Spent consultant will administer your plans and can manage your clients, your business, and your legacy.

Retirement planning may include, but probably isn’t limited to:

• Managing client communication before and after closure, taking custody of patient records and storing for the legally required amount of time, and notifying insurance companies, contract holders, and the state board.

• Contacting clients and referring to additional providers as needed.

• TWS will be responsible for organizing and executing the plans for closing the practice and would be available to the retiring therapist for questions or concerns.

• Managing digital and written communication (emails, social media, websites) to reflect the closure of the practice.

• Cleaning and closing the physical office spaces, arranging for final bills to be paid, and other duties as needed by the retiring therapist, to be defined in individual contracts. 

• Acting as an authorized entity on practice bank accounts.

• Coordinating with legal and financial professionals (eg accountants, tax professionals, payroll providers),

• Providing peace of mind that clients are cared for, records are secure, and the therapist can be retirement ready.