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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.

Small Business Retirement Plans

Posted by Tyler Campbell on Tue, Nov 20, 2018 @ 09:00 AM

Back in September, we briefly reviewed some differences in various 401k and IRA plans, and have since been asked to provide some more information on each of the plans. Below is a combined review of the SEP-IRA, Individual 401k, and SIMPLE IRA.  We will review pros and cons, as well as key points of differentiation between each of the plans. 

As a reminder, 401k and IRA plans are subject to numerous and complex rules, regulations and tax qualification requirements. Be sure to consult with a qualified professional before making ANY decisions or changes to your 401k or IRA.

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Tags: 401k, savings, Best Plan For You, 401k options, Blog, 401k planning

Knowing the ins-and-outs of your 401k

Posted by Tyler Campbell on Tue, Sep 18, 2018 @ 09:10 AM

Attention pharmacy owners! Do you know the details of your 401k? Are you 100% positive that the plan you are offering is the best one for you and your employees? Or, are you simply going with one that was cheap and easy to set up?

If you don't know the basic ins-and-outs of your 401k it could be costing you BIG. In this blog, we are going to be reviewing basic concepts of common 401k plans and providing you with important things to keep in mind when reviewing your 401k plan options. 

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Tags: 401k, savings, Best Plan For You, 401k options, Blog, 401k planning

UPDATED - Community Pharmacy Owners saving more while paying the IRS less

Posted by Tyler Campbell on Fri, Dec 22, 2017 @ 12:12 PM

By setting up the right type of 401(k) for your specific pharmacy, you can maximize your savings for retirement while increasing tax deductions for your corporation. A happy side-effect of doing this is increasing your ability to better attract, retain, and reward your most valuable employees. Below are different ways to optimize your 401(k) to save more while increasing tax deductions.

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Tags: community pharmacy 401k, 401k, increased deferrals, 401k options, safe-harbor matching, profit-sharing, company census tool

Community Pharmacy Owners saving more while paying the IRS less

Posted by Tyler Campbell on Wed, Nov 29, 2017 @ 05:46 PM

By setting up the right type of 401(k) for your specific pharmacy, you can maximize your savings for retirement while increasing tax deductions for your corporation. A happy side-effect of doing this is increasing your ability to better attract, retain, and reward your most valuable employees. Below are different ways to optimize your 401(k) to save more while increasing tax deductions.

Read More
0 Comments Click here to read/write comments

Tags: community pharmacy 401k, 401k, increased deferrals, 401k options, safe-harbor matching, profit-sharing, company census tool

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