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Missing the "Safe Harbor" Deadline May Be Blessing in Disguise for Employers Implementing 401(k)
Milberg Consulting LLC Link to more items from this source
Nov. 23, 2004
Excerpt: Is there anything an employer can do to recapture the retirement planning opportunity lost if he missed the October 1, 2004 deadline for establishing a 'Safe Harbor' 401(k) Plan? The answer may surprise you... For many small employers implementing a 401(k) plan for the first time (or first adding a 401(k) feature to an existing plan), their procrastination may actually result in a positive outcome. The following case study outlines how missing the 'Safe Harbor' deadline may turn[.]

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