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Any Kaiser (TPMG) docs here?

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  • believe that term is for signing bonus, available to certain specialties. get to keep it (and pay taxes on it) in chunks every couple/few years.
    “. . . And the LORD spake, saying “First shalt thou take out the Holy 401k. Then shalt thou save to 20%, no more, no less. 20% shall be the number thou shalt save, and the number of the saving shall be 20%. 25% shalt thou not save, neither save thou 15%, excepting that thou then proceed to 20%. 30% is right out . . .””

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    • Hi Everyone I'm just a Newbie on this thread. Do TPMG allow FULL or PART time doctors do work as locums in other companies? or one needs to work exclusively at TPMG/KP?

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      • what happened to our pig? where is FLP?

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        • Originally posted by blippi View Post
          believe that term is for signing bonus, available to certain specialties. get to keep it (and pay taxes on it) in chunks every couple/few years.
          Thanks. Maybe just not offered in my specialty then? Is it pretty set who gets this or something I should ask for?

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          • i believe it is offered up front in certain specialties. wouldn’t hurt to ask recruiter.

            if you are not per diem, then i believe you can’t moonlight in medicine outside tpmg.
            “. . . And the LORD spake, saying “First shalt thou take out the Holy 401k. Then shalt thou save to 20%, no more, no less. 20% shall be the number thou shalt save, and the number of the saving shall be 20%. 25% shalt thou not save, neither save thou 15%, excepting that thou then proceed to 20%. 30% is right out . . .””

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            • Originally posted by CalMD View Post
              Here is a very informative Department of Labor website to see the annual Plan 1 filings, ie, Form 5500, with audited report, Schedule H (type of investment at the TPMG trust), etc. It's easiest to search by the employer identification number (EIN 942728480) and Form Year. It is also interesting to compare the retirement plan details of TPMG and SCPMG. One fascinating information...SCPMG has higher average salaries!

              ​​​​​​https://www.efast.dol.gov/portal/app...execution=e1s1
              I'm not able to find the plans on the site...but is the salary differences because TPMG is an IRS-qualified plan - and thus can only dispense pensions to maximum IRS salary? This would mean TPMG pension payments max out at 280k (though they give you a lump sum at 65 to make the difference)

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              • Was playing around with the pension estimator tool on the net benefits website. Am I correct that the optimal situation is to retire at 60 and then start taking pension at 65? that seems to maximize the first five years of unqualified pension payout and then the lump sump payout at 65.

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                • Can someone describe what exactly happens when you get elected to partnership?

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                  • I’m primary care
                    if I join Kaiser and stay with them for 15 yrs full time am I eligible for any retirement benefits? Thanks

                    this is my backup in case sabbatical does not work out

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                    • How do annual salary increases work with TPMG? I'm 1 year in, nobody said anything to me but I noticed from paychecks that my salary increased about 1.4% this year, but that seems low. Shouldn't it be more like 3-4% annually?

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                      • depends on your department but seems raises were a bit lower this year but bonus higher. Maybe tpmg trying to be conservative.







                        Originally posted by calidoc_wci View Post
                        How do annual salary increases work with TPMG? I'm 1 year in, nobody said anything to me but I noticed from paychecks that my salary increased about 1.4% this year, but that seems low. Shouldn't it be more like 3-4% annually?

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                        • you’re vested after five years and will get pension/insurance at age 65. The 15 year thing if for full early retirement at 60 with 15 years of work



                          Originally posted by nastle View Post
                          I’m primary care
                          if I join Kaiser and stay with them for 15 yrs full time am I eligible for any retirement benefits? Thanks

                          this is my backup in case sabbatical does not work out

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                          • Originally posted by leftpinky View Post
                            you’re vested after five years and will get pension/insurance at age 65. The 15 year thing if for full early retirement at 60 with 15 years of work




                            Thanks
                            what if I start there when I’m 50 yr old and work till I’m 65 will I still get pension ?
                            And if so what % of my pay

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                            • Does anybody here do a mega-backdoor Roth IRA with after-tax Plan 3 401k funds?

                              I am just around a year into my time at TPMG and have hit the yearly IRS limit for my Plan 3 pre-tax 401k contributions and my trying to figure out how to maximize retirement saving at this point.

                              The Plan 3 Roth 401k would share the same limit so no use in that.

                              The only other contribution options I have at this point would be the after-tax 401k (up to the limit of ~$16,000 or so) and convert to mega-backdoor Roth IRA (and I guess also a standard backdoor Roth on top of that)?

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                              • I do the megabackdoor. It's really easy to set up. Just add your after tax contribution and call net benefits to have them turn on the automatic in plan conversion. I'd do it now before the possible new budget proposal is passed.

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