In the News

March 2004

MedAmerica Financial Services announces the design of a retirement plan program designed specifically for small hospital based physicians.  The small physician group plan provides smaller physician groups with a comprehensive cost effective plan that allows individual physicians within the group to contribute up to $80,000 in tax deferred contributions.  Call Chris Renner at (800) 842-2808 for more information.

September 2004

MedAmerica Financial Services announces that Iroquois Emergency Physicians of Illinois have adopted both a 401(k) and Defined Benefit Plan for its emergency physicians.  Physicians are able to shelter up to $75,000 per year.

June 2005

MedAmerica Financial Services announces an agreement to provide both the Small Group 401(k) Plan and a specifically designed Defined Benefit Plan to the 26 physicians and physician assistants of DeKalb Emergency Physicians of Georgia.  Physicians are able to shelter up to $72,000.

August 2005

MedAmerica Financial Services announces an agreement to provide a Defined Benefit Plan for Arizona Emergency Physicians.  In addition, the Arizona based group of 18 physicians adopted the Small Group 401(k) Plan effective immediately.  Physicians are able to shelter up to $80,000 per year.

November 2006

MedAmerica Financial Services has agreed to provide the Small Group 401(k) Plan and Defined Benefit Plan for Willamette Emergency Physicians of Portland, Oregon effective January 2007.  Physician designed their plans to allow contributions of $65,000 each.

July 2008

MedAmerica Financial Services announces that Emergency Physicians of Texarkana will utilize the Small Group 401k Plan and Defined Benefit Plan for its 8 physicians.  The Defined Benefit Plan will become effective in January 2009 and along with the 401(k) Plan, will allow combined contributions of $80,000.