AAP News Vol. 14 No. 8 August 1998, p. 10
© 1998 American Academy of Pediatrics
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Charitable bequests make sense for physician retirement plan assets

As a service to AAP members, the Department of Development provides information on the tax benefits of charitable giving. Following is an example of how pediatricians can maximize their retirement savings.

For many physicians, one of their largest assets is a retirement plan. Built up over many years of hard work and saving, physicians' retirement plans might have accumulated millions of dollars. Retirement plans can take many forms: pension plans, profit-sharing plans, stock bonus plans, Keogh plans, 401(k) plans, 403(b) plans and individual retirement accounts (IRAs).