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Safe Harbor Deadline Approaching - RMC Group

Written by RMC Group | Aug 22, 2018 6:22:21 AM

Now is the time to start thinking about which of your clients may benefit from a Safe Harbor 401(k) Plan. These types of plans help small business owners and highly compensated employees to contribute the maximum amount of their annual income into a tax-deferred retirement account. They also automatically satisfy government required non-discrimination compliance tests.

Safe Harbor 401(k) plans continue to be popular as they are considered more hassle-free, which gives small business owners more time to focus on their business.

October 1st is the last day to set up a Safe Harbor for 2018.

RMC Group will help advisors evaluate their client’s goals and expectations to formulate a plan that works best for them, including Safe Harbor plans. To request a quote or discuss retirement plans, contact your Regional Representative or RMC Group today at 239.298.8210 or rmc@rmcgp.com.