The Cardinal Show was a great place to debut Pharmacy401k!  We were able to talk and show thousands of independent pharmacy owners how to maximize saving for retirement and how to attract, retain, and reward their most valuable employees. 

If you were there, thank you for stopping by.  If you missed us or were not able to attend, here are a few things we learned from pharmacy owners regarding retirement plans.

• There is a lot of confusion about what fees are being paid and how they are getting paid inside of a 401(k).
• Some owners were unaware that certain 401(k) plans can allow the owner to save $53,000 per year in their own account (sometimes more).
• Many 401(k) plans are cookie cutter, one-size fits all type mentality.  Leaving the burden of a plan design strategy on the backs of Pharmacy owners.
• Many pharmacy owners were never told that they have a fiduciary role to play as a plan sponsor.  This is a legal obligation to act in the best interest of employees and make decisions with the highest standard of care.
• Many pharmacy owners have not seen or heard from their advisor since enrollment.  That means no one is continuously reviewing the plan to ensure optimization or to answer questions
  

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Pharmacy401k is great way to address these issues.  The reason Pharmacy401k works so well in pharmacies today is because they are customizable.  A different plan for every different pharmacy.  Everyone has unique goals and situations.  With Pharmacy401k, we are here to find what works best for you and your pharmacy family.

Please contact me at tyler@waypointus.com for a free plan design and cost comparison of your current plan vs. Pharmacy401k.