News / Article

Safe Harbor 401(k) [DEADLINE OCT 1ST]

Source: https://edwardjones.com/investments-services/business-owners/employee-plans/safe-harbor-401k.html - Sep 20, 2017

The last thing you need is added complexity when it comes to running your business. A Safe Harbor 401(k) can be a complicated retirement plan option – so let us take the guesswork out of the equation. We'll help you understand how it works.

With a Safe Harbor 401(k), you, as the business owner, must be willing to make required contributions in the form of a match. Any size business may find these plans attractive, but take a closer look if:

You have fewer than 25 employees.
You are open to making required employer contributions.

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Category: General Business