The AVMA supports a business environment that allows veterinarians to thrive in rewarding and financially sustainable careers. The Association advocates for increased access to healthcare and retirement planning options, a fairer and simpler tax system for veterinarians, flexibility in retirement planning, and other policies that make sense for those who own and work for small businesses.
The AVMA works to improve and simplify tax policies for veterinarians. This includes supporting tax laws that treat veterinarians fairly and promote a strong business environment for veterinary business owners. The Association is vigilant in making sure veterinary voices are heard in discussions related to tax legislation and regulations.
The AVMA advocates for initiatives that make more and better retirement planning options available to veterinarians and veterinary teams. AVMA support was critical in securing passage of legislation that enabled the AVMA Trust to begin offering a retirement plan for veterinary business owners, including the self-employed. With passage of the so-called Secure Act and Secure Act 2.0, AVMA members are now able to band together through the Trust to offer robust retirement benefits to employees while taking advantage of cost efficiencies, simplified administration, and reduced fiduciary burden.
Health care is a valued employee benefit in any profession. When changes to the health care marketplace forced an end to the AVMA Trust's veterinary health insurance offerings in 2013, the AVMA worked with lawmakers to enact new laws that allowed these plans to be reinstated. Thanks to this work, the Trust's personalized group healthcare solution is once again available in all 50 states, plus D.C. and Puerto Rico. The AVMA continues to support legislation that provides support for these offerings, including changes that would enhance the opportunities for veterinary small businesses to band together for more competitive health insurance offerings.