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Physicians of non-profit hospitals are at a disadvantage over their for-profit colleagues when it comes to retirement planning

By William L. MacDonald Tax-exempt organizations are subject to more stringent IRS rules than their for-profit counterparts in terms of how they can provide nonqualified deferred compensation plans for highly paid employees. Nonprofit organizations should analyze their deferred compensation arrangements to ensure that such arrangements comply with the restrictive tax ...

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Your Practice: Finding the Right Retirement Plan

By Peter Rohr Despite the economy’s ups and downs, it is essential that physicians who are business owners look beyond their near-future investment goals and consider their long-term retirement plan. Taking the time to establish a company-sponsored retirement plan may be one of the most important decisions physicians can make. ...

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The Pension Protection Act spawns the creation of the Super 401(k) Plan

By Roccy DeFrancesco, JD, CWPP, CAPP, MMB  Most doctors are not aware of the fact that industry altering legislation was passed in 2006 called the Pension Protection Act (PPA).  What’s so incredible about the PPA?  It allows for significantly increased contributions to a tax-deferred retirement plan for business owners and an ...

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