US News & World Report
What You Need to Know About a Safe Harbor 401(k)
By Maryalene LaPonsie
FOR WORKERS, A STANDARD 401(k) plan offers a straightforward and tax-advantaged way to save for retirement, but for employers, setting up a 401(k) plan is anything but simple. Companies who want to offer 401(k) savings plans to their employees must ensure their plans don’t run afoul of government rules, explains Tom Conlon, head of client relations for 401(k) solutions provider Betterment for Business.