A safe harbor 401(k) is a special type of employer-sponsored retirement plan that helps businesses skip the hassle of annual IRS testing — while guaranteeing employer contributions to employees. In ...

Editor’s Note: The SECURE Act, enacted December 20, 2019, has eliminated the annual safe harbor notice to participants of their rights and obligations for 401(k) safe harbor plans in the case of ...

The IRS has issued final regulations that permit a safe harbor nonelective 401(k) plan to reduce or suspend safe harbor contributions mid-year if the plan contains a statement that such action is a ...

Retirees and would-be retirees have thousands of retirement accounts to choose from to fund their golden years. One retirement account that stands out is offered by one of the most prestigious wealth ...

In November 2023, we saw the launch of the Portability Services Network (PSN), with our nation's leading retirement plan record-keepers – Alight Solutions, Empower, Fidelity Investments, Principal, ...

When lawmakers introduced safe harbor IRAs in 2001, the goal was simple: Preserve small 401(k) balances for workers departing a job and ease the administrative burden on employers overseeing these ...