top of page

Safe Harbor Plan Design

  • Writer: Larry Kavanaugh, Jr.
    Larry Kavanaugh, Jr.
  • Apr 9, 2021
  • 1 min read

As your company grows, things change! One of those things should be your company’s retirement plan. It should meet the changing needs of the owners and employees.


A Safe Harbor 401(k) plan is a type of retirement plan with an employer contribution that allows employers to avoid most annual compliance tests. With a Safe Harbor 401(k) plan, employers and highly compensated employees can save up to the maximum amount each year.


To learn more about how this particular plan works and if it is right for your company, check out our guide below. Then, contact us to learn more about how a Safe Harbor provision might benefit your plan and employees!





Managing Director

Northeast Retirement Plan Advisors


Larry Kavanaugh, Jr. AIF®, CPFA, CLU, ChFC

950-A Union Rd.

Suite 31

Buffalo, NY 14224


716.674.7000

Securities and advisory services offered through LPL Financial a registered investment advisor, Member FINRA/SIPC.

 
 

Contact Us

NERPA_Logo_2019.png

Success! Message received.

Northeast Retirement Plan Advisors

950-A Union Rd Ste 31
West Seneca, NY 14224

Phone

716.674.6200 x 237 

This information was developed as a general guide to educate plan sponsors but is not intended as authoritative guidance or tax or legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation. In no way does advisor assure that, by using the information provided, plan sponsor will be in compliance with ERISA regulations.

Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA SIPC.
 

The LPL Financial representative associated with this website may discuss and/or transact securities business only with residents of the following states: CO, FL, IN, MA, MD, MI, MN, MO, NC, NY, PA, SC

brokercheck.finra.org

bottom of page