401(k) Plans & Cash Balance Strategies

Jim Moore and Kelly Richards

Smile, Save, Succeed: Optimizing Your Practice’s Future with 401(k) Plans & Cash Balance Strategies

A Presentation by Jim Moore & Kelly Richards at the 20th Anniversary Sunrise Dental Solutions Summit – Sept. 18-20, 2025

Many dental practice owners are hitting the limits of what a traditional 401(k) can offer. A Cash Balance Plan is a powerful strategy that allows you to contribute well beyond those limits—often more than $100,000 per year—while significantly reducing your tax burden. But the benefits go beyond your own savings. These plans can also help attract and retain top employees by enhancing your practice’s retirement benefit offering, giving you an edge in a competitive talent market.  If you’re ready to keep more of what you earn—and invest in both your future and your team—this presentation will show you how.

Learning Objectives

  1. How Cash Balance Plans work alongside your 401(k)
  2. Contribution and tax savings potential for practice owners
  3. Why these plans are ideal for owners 45+ looking to catch up on retirement
  4. How to use advanced retirement plans to strengthen employee retention
  5. Real-world examples from dental practices already seeing results

Speaker Biographies

Jim Moore is a Partner Advisor in Allworth’s Lawrence, Kansas office, with more than twenty years of financial sector experience.  In addition to having earned numerous industry certifications, including a Certified Financial Planner designation, Jim serves on the board of the National Association of Insurance and Financial Advisors, the State Board of Directors for NAIFA, and is a member of the Lawrence Association of Insurance and Financial Advisors.  Jim is a graduate of the University of Kansas, where he earned a Bachelor of Science degree in Finance.  When not meeting with clients, Jim and his wife Allison enjoy taking their three boys to KU sporting events, Kansas City Royals games , and traveling.

Kelly Richards is a Partner Advisor at Allworth Financial, with 20 years of financial advisory experience. Kelly studied Business Management at Snow College in Utah before embarking on a career in the financial sector in 2005. Over the past 15 years, Kelly has focused on providing tailored financial guidance specifically for dental practice owners and their unique plans. He is committed to delivering specialized assistance to dental professionals, ensuring their financial success and security. A cancer survivor and active volunteer in his community, Kelly lives in Phoenix, Arizona with his wife Miranda and their three children, Jackson, Grace, and Hudson.

Tags:

Related Posts

Dental Marketing Compliance and Regulatory Requirements

Dental marketing compliance is the set of federal, state, and professional rules that govern how a dental practice advertises, communicates with patients, and handles patient information. A practice that markets without knowing these rules risks fines, license...

read more

Dental Marketing for Startup Practices

Dental marketing for startup practices builds a patient base from zero. A new practice has no reputation, no reviews, no referral relationships, and no recall list. Every patient must be acquired through deliberate outreach. The marketing plan for a startup differs...

read more

Dental Marketing Metrics That Measure Campaign Performance

Dental marketing metrics are the numbers that tell a practice whether its marketing produces patients or wastes budget. A practice that cannot name its cost per new patient, its return on ad spend, and its patient retention rate is guessing. A practice that tracks...

read more

Dental Marketing Budget Allocation for Practice Owners

Dental marketing budget allocation is the practice of dividing a monthly marketing spend across channels in proportion to the results each channel produces. A practice that allocates by habit, for example paying the same agency invoice every month without review,...

read more

Dental Marketing Channels That Attract New Patients

Dental marketing channels are the paths a practice uses to reach people who need care. Each channel carries a different cost, a different speed, and a different type of patient. A practice that selects channels without a plan spends money on audiences it never...

read more

Dental Marketing Strategy for Practice Growth

Dental marketing strategy determines how a practice attracts, converts, and retains patients over time. It is the plan that connects a dentist's services to the people who need them. Without a strategy, marketing becomes a series of disconnected tactics: a boosted...

read more