Being a physician and facing the prospect of retirement can be a daunting task. There are a multitude of options for individuals looking to secure their future following the end of their professional careers. A 403b plan for medical professionals allows doctors to take control of their retirement with defined contributions into a secure program that provides flexibility and security. With our physician-oriented approach to retirement, you’ll be assured that your assets will be handled professionally and provide a proven option for your financial future.
The Idaho Medical Association is proud to provide doctors and physicians with the resources needed to save for their retirement successfully. With a 403b plan for medical professionals, healthcare providers can utilize a program that will enable them to secure a path towards financial freedom following the completion of their professional careers.
403(B) Retirement Plan for Physicians
A 403b plan for medical professionals such as physicians is a type of defined contribution plan. Those who are eligible can defer money from their paychecks into a 403(b) account, similar to how a 401(k) plan would work. 403(b) plans may also provide the option of a Roth, which allows you to contribute with post-tax money and benefit from tax-free growth.
The 403b retirement plan is oftentimes used as a solution for those involved in the medical field and religious and education-based non-profits. It is often utilized in hospitals, schools, and churches. A 403b plan for medical professionals is an excellent way for doctors to participate in a proven retirement option intended to maximize the return on any contributions to the plan.
Defined Contribution Plan for Doctors
A defined contribution plan for doctors and for physicians eliminates the guesswork on how much an individual should put towards their retirement. With determined contributions, a set amount is taken from each paycheck and put into a 403b plan for medical professionals. Idaho Medical Association Financial Services has diligently worked to provide 403b plan options that cater to the needs of all the medical professionals we serve.
If you are a healthcare professional and need a secure and proven way to save towards your retirement, look no further than Idaho Medical Association Financial Services. We will assist you in making the right decisions in saving for your future. A 403b plan for medical professionals offers a unique opportunity to participate in a safe and secure retirement path.
Idaho Medical Association currently boasts over 4,000 medical professionals throughout the state of Idaho. We specialize in providing catered retirement options for physicians that enable them to take control of their future. We offer a multitude of services, including investment planning for medical professionals and retirement plans for doctors. We also provide risk management for doctors, as well as asset management for doctors. If you, like so many other medical professionals, are looking for a safe way to save for your future, contact Idaho Medical Association Financial Services. One of our team will be happy to assist you in beginning your retirement savings journey!
About Idaho Medical Association
The Idaho Medical Association now exceeds 2,500 members of medical professionals through the state of Idaho. All of these medical professionals meet the association’s strict membership requirements. Our financial services group is uniquely skilled to provide the utmost wealth management services optimized for medical professionals like those throughout the association.