Safe Harbor 401k Plan Provisions – Video
Posted: February 20, 2013 at 6:51 am
Safe Harbor 401k Plan Provisions
Safe Harbor 401k Plan provision is a way to eliminate deferral testing in 401k Plans. Many small business retirement plans have the safe harbor provisions to allow the business owner to maximize his or her deferral contributions. Without a safe harbor the plan is subject to additional testing and the owner would more than likely not be able to maximize their deferrrals. This video describes the two basic safe harbor 401k provisions: The Safe Harbor Match, and the Safe Harbor 3% (or Safe Harbor non-elective) approach. Visit http://www.elite401kplans.com for information on how to tailor a 401k plan to fit you unique needs.
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Safe Harbor 401k Plan Provisions - Video
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