When it comes to saving for retirement, 401(k) plans are a popular choice for both employers and employees. However, not all ...

By setting up a safe harbor 401(k), a business can provide its employees with the same tax benefits as a regular 401(k) plan but skip the onerous annual testing requirements. Read on to learn more ...

One of the popular options is a safe harbor 401(k), a plan very similar to a traditional 401(k) with the exception that the employer is required to make contributions, and those contributions must ...

Newly established safe harbor 401(k)s can also take advantage of a tax credit created by the SECURE Act of 2019 that can be as high as $16,500 for starting a new qualified company plan.

Second, the safe harbor match is often given after the end of the calendar year. If you plan to leave your employer and potentially move money out of the 401(k) plan, you’ll want to know to look ...