Norman Regional PCCP Information
The Physician Community Coverage Plan
The PCCP is a type of benefit program that maximizes the value of on-call compensation by providing a way for physicians to defer current income taxes and invest on a pre-tax basis without reducing the opportunity to fully participate in qualified plans such as 401(k) and pension plans.
Like most people in higher marginal tax brackets, many physicians are interested in sheltering current income from state and federal taxes beyond the limits and restrictions of 401(k) and pension plans. However, private practices typically are structured as S Corporations, LLC’s or Partnerships, which are flow-through type tax entities. In such entities, practice income is taxable at the physician’s individual tax-rate. Therefore, executive benefit plans are not traditionally suited for private practice groups. With the PCCP, your hospital is taking the initiative to change tradition.
April 30 - May 2, 2019
Schedule An Individual Meeting
To schedule individual information and enrollment meeting, please contact the Keli Foster-Nicks in Administration.
Schedule A Group Practice Meeting
To request a group or practice meeting, please call us at the number below. We look forward to meeting with you soon.
MaxWorth Consulting Group, LLC
Want to Learn More?
Check out these additional resources for the PCCP