Loyd Burleson III, CFP, MS-PFP, CRPCTM, ABFPTM and Nate Ricks, CFP, MS
Lecture
Course Description
Unlock the secrets of effective retirement planning options for dental offices and their teams in this comprehensive presentation. Explore a range of tax-saving strategies and retirement plan options that can be made available to employees in dental practices, including Health Savings Accounts, SIMPLE IRAs, Safe Harbor 401(k)s, and Cash Balance plans, while learning their unique benefits and potential drawbacks. Engage in an interactive Kahoot! (smart phone app) competition to reinforce your understanding of these crucial financial tools. Discover how to identify and work with a fiduciary advisor who prioritizes your practice’s interests, understanding the differences between various financial advisor standards and certifications. Benefit from an extensive Q&A session to address your specific concerns for your practice and team and deepen your understanding of the material presented. This informative, non-sales-oriented presentation empowers dentists to make informed decisions about retirement and savings plans that could be made available to team members of dental practices.
Please note: ADA CERP requirements do not apply to personal finance classes. This course is developed with the current challenge of retaining team members in mind, and the savings and retirement plan options that might be amenable to the dental practice benefit package for the practice’s team.
Course Objectives
At the conclusion of this presentation, participants should be able to:
- Compare and evaluate various retirement plan options suitable for dental practice employees, including HSAs, SIMPLE IRAs, Safe Harbor 401(k)s, and Cash Balance plans, understanding their benefits and drawbacks.
- Identify the key characteristics of a fiduciary financial advisor and distinguish between different financial advisor standards and certifications when choosing your benefit plan manager and/or company.
- Consider at least one retirement planning concept presented in the course to your potential savings and retirement offerings in your practice.
Instructors
Creating a secure plan for his own family is what originally led Loyd Burleson to investigate financial planning as a career. His initial anxiety turned into a passion for helping individuals and families align their wealth to achieve their most important life goals. Loyd was raised in Ephrata, Washington, and spent many hours working in his family’s pizza restaurant while balancing being a three-sport athlete throughout high school. Loyd then completed his degree in Business Finance from Brigham Young University-Idaho and began his work with Financial Freedom for Dentists in June of 2020. He became a CERTIFIED FINANCIAL PLANNER (TM) Professional in 2022 and completed his master’s degree in Personal Financial Planning from the College for Financial Planning in 2024. Loyd is now working as an Associate Financial Advisor. Beyond helping clients, Loyd continues to sharpen his skills, receiving his Chartered Retirement Planning Counselor (TM) and Accredited Behavioral Finance Professional (TM) designations in 2023. Loyd feels privileged to be surrounded by co-workers who share his passion for helping dentists achieve their goals through comprehensive financial planning. Outside of work, Loyd is an avid sports enthusiast who loves spending time with his wife Katie. They have two children together and are expecting their third in December 2024.
Nate Rick‘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 has lived 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.
Disclosures:
- Loyd Burleson and Nate Ricks disclose that they are financial advisors with the company Financial Freedom for Dentists.
- The staff of the University of Washington Office of Continuing Dental Education have no relevant financial relationships to disclose.
Course Logistics
DATE:
Saturday, October 12, 2024
LOCATION:
Online Webinar
TARGET AUDIENCE:
This course is designed for dental professionals.
TIMES:
9:00am – 11:00am Pacific Standard time
TUITION:
$69/Participant
CREDITS:
2 hours
Conflict of Interest
In accordance with the ADA CERP Standard V., everyone involved in planning or presenting this educational activity will be required to disclose any relevant financial relationships with commercial interests and this information will be made available to participants at the start of the course.
As a continuing education provider, University of Washington Continuing Dental Education is responsible for ensuring the content, quality and scientific integrity of all continuing dental education activities for which credit is provided. The School is also responsible for taking steps to protect against and/or disclose any conflict of interest of the faculty/instructors presenting those courses.
Cancellation and Refunds
For this live webinar, a registration refund, less a $15 fee, will be issued for cancellations received by Wednesday, October 9, 2024. Registration will remain open until the webinar starts, however, when registering after Wednesday, October 9, 2024, NO REFUNDS will be accepted. Cancellations must be received in email to dentalce@uw.edu The cancellation request must include: the name of the course, name of the person registered, name of the person requesting the cancellation, and the reason for the cancellation.
By providing my information, I consent to receive communication via mail, email, fax, and phone from the University of Washington Continuing Dental Education office. The Continuing Dental Education office will not share your information with anyone.
Dental education institutions have an obligation to disseminate new knowledge related to dental practice. In so doing, some presentations may include controversial materials or commercial references. Sponsorship of a continuing education course by the University of Washington does not necessarily imply endorsement of a particular philosophy, procedure, or product by this institution.
The University of Washington Continuing Dental Education cautions continuing dental education participants that there are potential risks of using limited knowledge when incorporating new techniques and procedures into the practice of dentistry, especially when the continuing education course has not provided supervised clinical experience and/or competency tests in the techniques or procedures.
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University of Washington
Continuing Dental Education
Box 357137
Seattle, WA 98195-7137
The University of Washington is a member of the Association for Continuing Dental Education.
The University of Washington is an ADA CERP Recognized Provider.
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.
University of Washington designates this activity for 2 continuing education credits.