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Safe Harbor 401(k)

Plan Types

A 401(k) plan design that automatically satisfies IRS nondiscrimination testing requirements by providing a guaranteed employer contribution to all eligible employees. Safe Harbor contributions must be either a 100% match on the first 3% plus 50% match on the next 2%, or a 3% nonelective contribution to all eligible employees. These contributions must be immediately 100% vested.

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