How to Save for Retirement and Minimize My Taxes (2 CEs) - Corvallis

Research shows that dentists retire about 5 years later than the average American. The purpose of this presentation is to review the following tax-advantaged strategies that dentists may be able to use to better prepare for their retirement:

 Health Savings Account (HSA)

 Roth Individual Retirement Account (IRA)

 Traditional IRA

 SIMPLE IRA Retirement Plan

 Safe Harbor 401(k) Retirement Plan

 Safe Harbor 40(k) Profit-Sharing Retirement Plan

 Cash Balance Retirement Plan

 Backdoor Roth IRA

During this presentation, we will discuss the conditions where each of these strategies works best, the logistics for using each of these strategies, and the tax benefits associated with each. To bring these strategies to life, we will show how they apply to a sample dentist. This is an interactive and engaging presentation with plenty of time for questions.

Nate Ricks, CFP®, MS

Financial Advisor & Founder of Financial Freedom for Dentists

Nate’s passion is helping dentists use their “finances as a resource to help them achieve their life goals.” Nate became a CERTIFIED FINANCIAL PLANNER (TM) practitioner in 1999, and joined a national registered investment advisory firm, eventually directing branch offices in Charlotte and Seattle. He received a Master's Degree from the College for Financial Planning and is a NAPFA Registered Financial Advisor. For over two decades he has helped dentists with investment management or financial planning needs. Nate founded Financial Freedom for Dentists, now an SEC Investment Advisory firm, to provide comprehensive financial planning advice with academically validated investment strategies. Nate has spoken at several dental societies and other groups of dentists in the Pacific Northwest. He lives near the mountains just east of Seattle since 2005 where he loves spending time with his wife of 30 years and 5 children in the beautiful outdoors.

Loyd Burleson III, CFP®, CRPC (TM)

Associate Financial Advisor

Creating a secure plan for his own family originally led Loyd to look into financial planning as a career in college. “My initial anxiety turned into a passion for helping individuals and families align their wealth to achieve their most important life goals.” After completing a Business Finance degree and an investment management internship, Loyd set his sights on working as a financial advisor with Financial Freedom for Dentists. His career path began with helping in client meetings, becoming a CERTIFIED FINANCIAL PLANNER (TM )practitioner, and now working as an Associate Financial Advisor. Beyond helping clients, Loyd continues to sharpen his skills, recently receiving his Chartered Retirement Plan Counselor (TM) designation. “I am privileged to be surrounded by co-workers who share that same passion for comprehensive financial planning." Outside of work, Loyd is currently enrolled in a Masters in Personal Financial Planning program and is an avid sports enthusiast who loves spending time with his wife, Katie, and their two children.

Sponsored By:

Columbia Healthcare Banking - Platinum Sponsor

Digital System Integrators, LLC (DSI) - Silver Sponsor

Sittner & Nelson, LLC - Silver Sponsor

LCDS is an ADA CERP recognized provider approved by the Oregon Dental Association. ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education. ADA CERP does not approve or endorse individual courses or instructors, nor does it imply acceptance of credit hours by boards of dentistry.

LCDS is designated as an Approved PACE Program Provider by the Academy of General Dentistry. The formal continuing education programs of this provider are accepted by AGD for Fellowship, Mastership and membership maintenance credit. Approval does not imply acceptance by a State or provincial board of dentistry or AGD Endorsement. The current term of AGD approval extends from 1/16/2022 to 1/15/2027.

Host or Publisher Lane County Dental Society