Central Florida Medical Affiliates

Central Florida Medical Affiliates

CFMA

CFMA

The Central Florida Medical Association has partnered with The Heritage Group & Transamerica to bring C.F.M.A. members the most comprehensive program of health and retirement benefits available. This venture will enable C.F.M.A. members to have access to unparalleled planning while also encompassing the most competitive pricing rates. Doctors and Office Managers will now have paramount capability in developing tailored plans to fit their individual and unique situations.

Some of the highlights of this endeavor include:

87 outstanding investment options from 21 fund companies
Fund Mapping program helps maintain asset performance during plan conversion
Initial and ongoing enrollment support to generate and sustain participation
On-site enrollment workshops with promotional materials
Online retirement plan management and planning tools
Comprehensive participant communications and educational program
Reduced costs for C.F.M.A. members

Typical cost of implementing and maintaining a retirement plan:

$1,200 Set-up Fee
$1,200 Annual Administration Fee
$30 Per Person Annual Fee

10 Years of Administering a Retirement Plan with 10 Participants = $16,200

(These numbers exclude any contributions made by the employer)

Typical cost of implementing and maintaining a retirement plan:

$750 Set-up Fee
$750 Annual Administration Fee
$0 Per Person Annual Fee

10 Years of Administering a Retirement Plan with 10 Participants = $8,250

(These numbers exclude any contributions made by the employer)