How to determine partner retirement payout terms and annual limits.
By Marc Rosenberg
The vast majority of firms pay retirement benefits over a 10-year period, according to our research.
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We occasionally see five to seven years at lower payout levels. And 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.
But external purchases of firms are quite different than internal buyouts.
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