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Rob Schultz, CFP®, PFP

Aug
15
Kaiser Permanente ROTH 401k
For those Kaiser physicians employed by SCPMG in Southern California, you have an election to make regarding your 401(k) which is also referred to as the TSR plan. You might have received some information from human resources on the mechanics and the bullet points below reflects my views on the practical application of a Roth 401(k) within the Kaiser system. Ø  At the partner level there are three plans. The 401(k) plan and the Keogh plan which are funded by the physicians and the Common plan(pension) which is funded by SCPMG. Currently, the benefits of all these plans when paid out in retirement are taxable income. You can see the problem this might create. Retirees expect to be in a lower tax bracket but when you factor in the pension...
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