Many company owners actively seek to maximize their 401(k) contributions each year. That’s a great goal, but it can be problematic if the plan fails to meet the nondiscrimination rules. Adding a Safe Harbor provision can confidently address this issue while providing important benefits to the company and its employees.
In our Advisor Connect video below, you’ll quickly learn how Safe Harbor contributions work and four the benefits of adopting this plan provision. We invite you to watch the video, then us give us a call to talk about how we can help your clients set sail with Safe Harbor.