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While affiliating with American Trust Co. in Hawaii from 1984 to
1989, as a consultant and 401(k) specialist, Mr. Mazda designed
marketing programs and presented to companies and individuals,
structuring 175 retirement plans valued at nearly $60 million.
Electing to move to Hawaii in 1981, Steve joined Manufacturers
Financial with the express purpose of providing himself a platform
from which he created a brand by developing a new retirement plan,
PPAP, a hybrid ESOP/401(k), allowing principal and interest
deductions over full amortization periods of loans. With the plan,
he established a strong competitive advantage, positioning himself
to structure one-third of the first 200 401(k) plans in the nation.
It was during this period that he became actively engaged in
lobbying to save the 401(k) plan from the congressional budget ax of
Lloyd Bentson, Bob Packwood and Dan Rostenkowski of the Senate
Finance Committee.
In 1979, Steve was recruited to Barclay Associates to increase sales
effectiveness in the field of qualified retirement plans for closely
held businesses. Very soon, he took over more and more roles,
becoming a key participant in creating telemarketing programs that
enabled $1 million annual life insurance premiums. His
communications skills were quickly recognized when he was able to
reach people like Lee Iacocca, Andrew McNally III of Rand McNally,
Walter Annenburg of T.V. Guide and August Busch III of
Anheuser-Busch.
Recently, Steve was asked by Washington insider, Sam Beard, to
become a national co-chair of Economic Security 2000, a national
grass roots lobby group for partial privatization of Social
Security. In addition to disseminating information via Internet,
www.401kcity.com, Steve speaks to business groups, chambers of
commerce, and others in support of the group's positions.
Mr. Mazda may be reached at the following:
Click here
to contact Steve Mazda via email <
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