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Welcome to MedChi, The Maryland State Medical Society.  
As the statewide professional association for licensed 
physicians, we are dedicated to our mission to serve as 
Maryland's foremost advocate and resource for physicians, 
their patients, and 
the
public health.

Friday, August 14, 2020
You are here : Your Resource  >  Practice and Employment Services  >  Support MedChi  >  Onorato Financial Group
Onorato Financial Group

The MedChi 401K Retirement Solution

     

Preparing for that next step in life isn’t always easy. The road to financial stability can seem complicated, time consuming, and difficult—perhaps even a bit overwhelming. Life is full of so many responsibilities and priorities that it can be hard to find time to start or even to know where to begin.

After a comprehensive search and due diligence, Onorato Financial Group and Transamerica have collaborated with MedChi to offer members a turn-key 401(k) Retirement Plan Solution that significantly reduces administrative burden, transfers fiduciary risk, and typically saves a significant amount of money.

What is the MedChi Retirement Solution?

Powered by the TAG & Transamerica 401(k) Retirement Exchange®, the MedChi Retirement Solution is based on sound structural elements that have been reviewed and successfully tested based on the fiduciary responsibilities specified in the law and regulations, from the Internal Revenue Service (IRS), the Department of Labor (DOL), Employee Retirement Income Security Act (ERISA), and other government agencies.

 

The plan is easy to administer, fully compliant with ERISA guidelines, protected from fiduciary liability, and is competitively priced, allowing for monies that would normally be spent on fees, to be used for enhancements to the retirement plan.

 

The bottom line is that, for every plan, TAG and Transamerica act as the company’s 401(k) support and record-keeping team, so that your company doesn’t have to act as a retirement expert.

 

To Learn More or Get Started, Click Here