Secure Your Financial Future with MSSNY’s Physician Life Income Plan (PLIP)
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MSSNY is proud to feature the Physician Life Income Plan (PLIP) as a premier member benefit, spotlighted in Forbes and MD News for their approach to retirement planning. PLIP is a tailored financial solution that empowers physicians to maximize tax-deferred growth, enjoy tax-free withdrawals, and protect assets from creditors — all while bridging the retirement gap with unparalleled flexibility and security.
With no contribution limits or early withdrawal penalties, PLIP stands apart from traditional retirement plans. Members can reallocate current investments, such as cash, CDs, or cash value life insurance, into a tax-advantaged vehicle that offers over 80 investment allocation options, including indexes like the S&P 500. All funds in PLIP grow tax-free, are withdrawn tax-free, and pass to beneficiaries tax-free.
Additional benefits include 100% liquidity, ensuring members have immediate access to their funds with no holding periods or surrender charges. MSSNY physicians will benefit from complete creditor protection for their PLIP assets, safeguarding financial stability against unforeseen challenges.
