))
412(e) defined defined benefit plan overview
Manage episode 327862419 series 3313507
Konten disediakan oleh MKG Insurance Agency. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh MKG Insurance Agency atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Contribution Flexibility
Defined benefit plans allow higher contribution levels than defined contribution plans but along with that flexibility comes the requirement to meet minimum contributions.
Safe Harbor 401(k)s are designed to allow owners and highly compensated employees (generally owners and those making over $120,000) to contribute up to the maximum dollar limit as their 401(k) elective deferral without regard to what other employees contribute. The maximum deferral for 2019 is $25,000 if a participant is age 50 or over.
Interested in sharing your life insurance story, become a guest on our show
https://mkg-insurance-agency.captivate.fm/booking
Learn more about Safe Harbor 401(k) plans:
https://mkginsuranceagency.com/business-owner-retirement-plans
MKG Insurance Agency CA License No. 0J03013
Contact us for a free quote (559) 293-4977
Mentioned in this episode:
intro music 1
abstract trailer
10 episode
Bagikan
