Safe Harbor Deadline Nearing

  Safe Harbor Deadlines Nearing Adopting a retirement plan is a perfect way to save for retirement and reduce your tax liability. With a Safe Harbor 401(k) Plan, owners and highly compensated employees can maximize their contributions even if other employees make limited or no contrib
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Missing Participants: Ready or Not, Here I Come!

Missing Participants Ready or Not Here I Come Please click on the link to display the article.
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Retirement Planning is a Team Sport

Retirement Planning is a Team Sport Please click on the link to display the article.
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Defined Contribution Plan Cycle 3 Restatement

Every six years, the Internal Revenue Service (IRS) requires all pre-approved qualified retirement plans be restated to maintain the plan’s tax-qualified status. The next period for these restatements is upon us. The restatement will incorporate mandatory IRS plan amendments and
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Set up a New Safe Harbor 401(k) Plan by October 1

Business owners and other Highly Compensated Employees (HCE’s) really benefit from a Safe Harbor 401(k) Plan. They can maximize their deferral contributions to the plan regardless of the level of participation by the Non-HCE’s. That maximum for 2020 is $19,500 plus a $6,50
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