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It is becoming more common for us to see retirement plans where the owners are not able to fully fund their portion because it is tremendously expensive because of the employees.  We have a special retirement plan design that may allow you (the owner) to maximize your contributions in a very efficient way for the pharmacy cash flow.  We believe that this is one way you should be rewared for taking the risk of pharmacy ownership.  This site is dedicated helping you create a more efficient benefit for the company and fulfill your responsibilities for being a plan sponsor.

Pharmacy 401k plans are a great way to save money and provide a benefit to your employees. Please visit the website at www.pharmacy401k.com to learn more.  Below is Waypoint's blog dedicated to pharmacy 401k plans and retirement planning for pharmacy owners.

Community Pharmacy Owners: It's time to get "Round Tuit"

Posted by Tyler Campbell on Thu, Aug 04, 2016 @ 10:18 AM


I have a friend, Roy, who owns a business consulting firm out of South Carolina. He had a very successful career as a CPA, and found his passion in retirement when he began consulting small business owners. Starting with a few clients, it snowballed into a booming business. Now in his early 70’s, many refer to him as Coach Roy. Roy often takes the time to discuss points of business, leadership, networking, and professional development with me. Being an author with the gift of gab, Roy tends to have a knack for turning a phrase. About three years ago, he gave me a coaster like cardboard disk quoting one of his infamous phrases. I keep it on my desk. The words circle the outside of where a drink would sit and state in bold red letters, “Round Tuit”. I must admit, when Roy gave me this, I did not understand what it meant. Was this some sort of business Latin term they did not teach me in college? Was it something from his time in the military, and I should show the utmost respect for it and what it stands for? I politely smiled and thanked him for the gift. Luckily, he began to explain.

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Tags: community pharmacy, pharmacy retirement plan, pharmacist retirement plan

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