Search the Community
Showing results for tags 'safe harbor 401(k)'.
-
Since the deadline for new Safe Harbor 401(k) plans falls on a weekend this year it is ok to start a new Safe Harbor Plan on October 2 this year?
-
I have a safe harbor design question - 401(k) regulations provide that "the safe harbor nonelective contribution requirement of this paragraph is satisfied if, under the terms of the plan, the employer is required to make a qualified nonelective contribution on behalf of each eligible NHCE equal to at least 3% of the employee's safe harbor compensation." I know a plan can limit the safe harbor contribution to only NHCEs or it can provide it to everyone. Is there anything stopping a plan from providing the safe harbor contribution to NHCEs and also to HCE's in a certain identifiable job category (but exclude all other HCE from the contribution)? Thanks,
- 5 replies
-
- safe harbor 401(k)
- highly compensated employees
-
(and 1 more)
Tagged with: