MedMark is proud to launch a new column that will help dental
professionals make important decisions about retirement plans
With this issue of Orthodontic Practice US, I am delighted to introduce a new series of articles that have the potential to change the course of your life. I know this to be true because over the years, the author of these articles, Tony Robbins, has impacted me both professionally and personally. This story begins when I was in my 20s. At that time, life’s challenges were daunting, and the road ahead seemed not only to be winding, but filled with potholes and roadblocks. Also, I was searching for a career path that would also be my life’s passion. It was then I discovered peak performance strategist and bestselling author Tony Robbins. Listening to his motivational tapes in my car on the way to and from work was often the only positive voice that I would hear all day.
His insights catapulted me to achievement of my professional aspirations, as well as personal fulfillment. I remember wishing that I could attend one of Tony’s seminars in person.
Fast-forward 25 years later. As a successful publisher and entrepreneur, I had the opportunity to attend CEREC® 30, an educational event sponsored by one of our long-term clients, Sirona Dental, Inc. I was beyond excited that Tony was going to be a featured speaker at this event! It was a surreal moment when I had the opportunity to stand up in front of upwards of 6,000 attendees and ask a question of my mentor, who wasn’t even aware of the impression he had made on me over the years. It was even more incredible when he was gracious enough to schedule a personal interview with MedMark for our magazines.
“Human beings have the awesome ability to take any experience of their lives and create a meaning that disempowers them or one that can literally save their lives.”
This brings me to good news for our readers. I am so proud and honored that Tony Robbins and Tom Zgainer, founder and CEO of America’s Best 401k, will be authoring a Financial Focus column for our publications in 2016.
This column will discuss what to look for in a 401k plan, show how fees can erode 401k savings, and will also discuss the fiduciary responsibility of plan sponsors and the serious ramifications of non-compliance with The Employee Retirement Income Security Act of 1974 (ERISA). This federal law sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans. Sadly, many plan sponsors do not live up to their duties, and as a result, the savings of all the participants in their plan may be subjected to needless and excessive fees. Tony said, “The abuse is mind-boggling.”
At MedMark, we pride ourselves on educating the dental community on new techniques, the latest products, and creative practice management methods. Now, Tony Robbins and Tom Zgainer will share their expertise to protect and help grow your retirement savings.
At our interview, Tony Robbins and I discussed living in the moment and letting go of the ghosts of the past. He once said, “In life, you need either inspiration or desperation.” It was in times of desperation that I found inspiration in his powerful insights. Now, I am honored that it’s my turn to be a catalyst, through this new Financial Focus column, for our readers to have more control over their financial success in retirement.
All the best,
Tony Robbins and Tom Zgainer advise how to achieve peak performance in retirement plans
Lisa Moler, publisher and CEO of MedMark, LLC, recently experienced one of the pinnacle events of her career at the CEREC® 30 conference in Las Vegas. She had the privilege of holding an in-person meeting with peak performance strategist and bestselling author, Tony Robbins and Tom Zgainer, founder and CEO of America’s Best 401k. These two visionaries discussed the changing landscape of employer-sponsored retirement plans and the information that business owners need to adhere to the Department of Labor regulations.
This topic was discussed at the event and is also highlighted in Tony Robbins’ best-selling book, Money: Master the Game: 7 Simple Steps to Financial Freedom. After seeing America’s Best 401k’s unique, low-cost approach firsthand, Tony Robbins became a partner in the business, and the pair set out on a mission to help Americans across the country rescue their retirement. Robbins’ knowledge has been widely recognized. He was named to the Worth Power 100 as No. 49 on the list of the world’s most powerful players in global finance.
Working with America’s Best 401k, business owners can alleviate their fiduciary responsibility while providing their employees with a plan that does not sacrifice performance for lower fees. The company has worked with numerous dental practice owners to help them drastically reduce the investment fees associated with their plans, helping clients save an average of 57%.
At the meeting with Robbins and Zgainer, Lisa Moler discussed the changing landscape of the 401k space, what dental practitioners across the country need to know in order to meet DOL regulations, and the pair’s mission to save America’s retirement.
“If you offer your employees a run-of-the-mill 401k plan, there’s a good chance you are vulnerable to Department of Labor oversight, which has become more aggressive in recent months,” Zgainer said.
Robbins adds, “Small business owners often have no idea that they are the fiduciaries for their plan. That means that they have to benchmark that plan annually or they have to pay penalties, with average penalties that can reach $600,000. We can help these people meet their responsibilities in this area.”
In as little as 60 seconds, dentists and other business owners can access the company’s free Fee Checker (americasbest401k.com/medmark), which can help them meet their fiduciary obligation and ensure their retirement plans are for the sole benefit of their employees.
When a dentist sponsors a retirement plan, he/she takes on new responsibilities in addition to being a doctor and a business owner. They also need to meet their fiduciary obligation and fulfill their trustee responsibility. Robbins and Zgainer’s advice can lead to employees keeping more of what they’ve saved, and enjoying a longer, more-secure retirement.
America’s Best 401k has assembled a team of world-class retirement plan experts across design, administration, recordkeeping, and actuarial disciplines to offer an alternative to expensive, complex plans. Working with America’s Best, business owners can alleviate their fiduciary responsibility while providing their employees with a plan that doesn’t sacrifice performance for lower fees.
For information, contact America’s Best 401k at 855-905-4015 or [email protected].
Readers of Orthodontic Practice US will be able to share more of this exciting and informative conversation with Robbins and Zgainer through a series of interview articles that will appear in upcoming issues.