Recommended HR | Retirement Providers | Payroll
Want to invest in your employees or your own financial future? Then establishing a retirement plan like a 401K is the first step. After many months of research, we are excited to have these 401K partners join our ODsonFinance community for the most affordable plan, low cost index fund choices, excellent customer support and well-known reputation!
Disclosure: Some of the links below are paid sponsors of this website. These recommended resources are heavily vetted and researched by us. We are extremely selective on who we want as sponsors because your trust in us is so vital for ODsonFinance to succeed. If you have feedback or concerns, please don't hesitate to contact us.
PEO | HR | Payroll
Owning and running a practice is already tough enough. You have enough on your plate trying to provide the best patient care, staying fully staffed and juggling all the back-office headaches that simply do not generate any revenue for the practice. Introducing EyeDeal Solutions, the practice owner’s new best friend. At EyeDeal Solutions, we match you with the best fitting Professional Employer Organization, or PEO for short. A PEO is an organization that has been around for almost 50 years and helps to handle your “Core 4”, which is HR, Benefits, Payroll, and Workers’ Compensation. Right now, you probably outsource some of this and handle the rest on your own after hours or on weekends. Why not let one team of experts and advisors handle all of this for you so that you can focus on patient care and practice growth?
- HR: Reduce or eliminate employee-related paperwork that drains your valuable time and conduct HR activities securely and efficiently. Get one-on-one help with creating an employee handbook, job descriptions, as well as employee training and performance management.
- Benefits: Attract and retain top talent with access to Fortune-50 type benefits like Health and medical, dental, life insurance, long and short-term disability, employee assistance programs, 401(k), and yes, even pet insurance! A PEO can also help to administer these benefits and provide user-friendly electronic onboarding and dashboards.
- Payroll: Our PEO partners provide accurate and reliable payroll, payroll tax filings, manage deductions, simplify time-tracking, and help you get a handle on compliance and reports. In addition, they will also streamline employment verification, onboarding, PTO approval, and employee access to paystubs, W-2s, and benefits info.
- Workers’ Compensation: Get access to cost-efficient coverage and hand off the administration and coordination of your claims. No more deposits or audits to drain your time.
In addition to the PEO Advisory services, EyeDeal Solutions can also help you with the Employee Retention Credit (ERC) program enacted by the federal government after the pandemic. We have partnered with several specialized firms that can help you receive up to $26,000 per employee. If you have not taken advantage of this already, or if you were told that you do not qualify, let our partners provide guidance.
Employer 401K and Solo-401K
Ubiquity Retirement + Savings is dedicated to making sure your 401(k) plan is tailored to meet your retirement goals. Over our 2 decades, we have helped 10,000 small business clients save over $2.5 billion towards their retirement. We also help clients take advantage of programs like Safe Harbor, 401(k) match, Roth and pretax contributions, and automatic enrollment for their employees. In addition to being fixed fee, Ubiquity is investment agnostic, empowering small business clients and their financial professionals to act in their own best interests.
Jason Gross, AIF®, CRPC® is a Senior Retirement Plan Consultant at Ubiquity Retirement + Savings who excels at assisting clients to achieve their business goals by developing and implementing successful retirement plan solutions. After spending nearly two decades in the retirement industry, Jason has routinely shared his expertise with institutions, financial advisors, and other retirement professionals for use with their client base. Jason specializes in retirement plans with a concentration in defined contribution while also maintaining a basic knowledge of employee benefits.
Location Requirements: Eligible in all States.
- Fee as low as $40 per month, plus $6 per month per person
- Payroll: Automated deductions, direct deposit & tax filing
- Employees Benefits: Health benefits, automatic saving, 401K & More
- HR Experts Support: Direct access to certified HR professional and other resources
Location Requirements: Eligible in all States.
Contact: Set up your Account Today for Low as $6
2022 in Review, and a Look at 2023!
It’s hard to believe, but the year 2022 has vanished in the blink of an eye. This past year, we’ve had the pleasure of seeing ODs on Finance continue to grow and help ODs on their financial journey, whether they be new grads or seasoned veterans. We are thankful for your attention, your questions and your contributions. Two tenets that hold paramount value to us at ODs on Finance are transparency and productive growth. In this letter, we will highlight how our community has grown, the various methods we provide value to our community, exciting new projects/acquisitions for 2023, and a look at our commercial interests/disclosures – trust us, you’ll want to read this! Here is a quick recap of 2022!
The Optometrist’s Guide to Short Term Investing
With the recent volatile market and pending economic recession, many investors are looking to hold their cash in a relatively safe place, especially as our economy faces surging inflation. In this article, we will talk about short term investments and where we can place these funds, aside from just storing cash. What is a short-term investment?
What Should I Do First? A Complete Guideline Step-By-Step
Personal finance is called personal for a reason; it is just as much a science as it is an art (similar to prescribing glasses). But seriously, this is probably one of the most difficult decisions that a lot of doctor investors will face and has starved me of sleep a lot – simply deciding which…
2022-2023 IRS limitations for Optometrists
With inflation rising at all time highs, it definitely seem that the IRS is adjusting quite drastically for most of these accounts for 2023! While all of these limits might seem higher, remember that it is mainly keeping up with inflation, which the consumer index is estimated at 8%. in 2022. Please use these important limit to adjust your financial planning for 2023 especially for any retirement plans!
8 Financial Mistakes that New Optometrists Make
The average new optometrist graduates at an average age of 28 year old (significantly behind non-OD peers in terms of income generation), with an average student loan debt of over $220,000+, with little or no retirement investments. Often new grad optometrists find themselves practicing in oversaturated cities and most importantly without any formal financial education. This is the perfect storm that often leaves many doctors mentally overwhelmed and prone to devastating financial mistakes. In this article, we will address 8 common financial mistakes that new OD graduates make and how you can avoid them to be financially successful.
Annual Report: 2020
Well 2020 has surely been a year! Let’s be honest, we all went into the year 2020 with big expectations – but the so-called Year of the Optometrist had some nasty surprises up its sleeve. Despite the trials and tribulations that 2020 brought, it also brought important lessons, and the looming importance of financial education…
8 New Year’s Financial Resolutions
The year 2021 is here. In our opinion, 2021 has it pretty easy. I mean, how much worse can it get after 2020? Joking aside, the beginning of the year presents a great time to take inventory of life and evaluate your financial health for the next 365 days. Here are a few New Year’s financial resolutions to get you started.
6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong
We have quite a few ODs on Finance members who are big Dave Ramsey fans, and quite a few who are Dave Ramsey Haters. Here are 6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong and how each OD can optimize them to be even more successful!
Thoughts on the Current Economy with Peter Schiff (FB Live Event)
With the world under distress at both a political and public health level, it is hard to make sense of economic activity. Furthermore, with heavy government involvement in the economy, long term implications are both scary and unknown. In this live event, famed economist Peter Schiff helps us understand his vision of the economic future…