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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.

Why Profit Sharing Makes Sense

Posted by Tyler Campbell on Wed, Dec 19, 2018 @ 08:30 AM

Profit Sharing. A simple concept, but one that comes with a lot of misconceptions. With this blog, we are hoping to clear some of them up for you. 

In theory, profit sharing is a no brainer. By allowing employees to reap the benefits of the success of the company, you will see happier, more interested, more loyal, and more motivated employees. Additionally, in the US, tax breaks have helped support profit sharing and share ownership. Whether you are considering stock options, direct cash and bonus options, or deferred compensation, there are many things to consider - as each provides its own advantages. 

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Tags: employee benefits planning, 401k, profit-sharing, Blog

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

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

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