Welcome! | Ask A Question

 
 
 
 
Question

Asked 12/4/2008

What are the rules governing safe harbor matches and what is the look back year?

Why the look back year and this year, if an employee earned $120,000 in 2007 but leaves the company in May 2008 with an income of $50,000 do we have to match 2008 contributions?

 
 
 
 
 
Answer This Question Now

Type your Answer in the box below and post your answer.

Learn more about how this works

 
 
 

Related Questions (Ask a New Question)

 
401k termination of safe harbor plans

I have a client who wants to terminate a safe harbor 401k plan before the end of the plan year, which is also the end of the calendar year. what safe harbor contribution must be made by the employer? is it based on the 3 employee's current year to date salary; what they are expected to make for...

See Answers

 
401k termination

I have a client who wishes to terminate their safe harbor 401k plan, but they are having difficulty figuring out what the amount will be for their safe harbor payment. since they aer terminating early, do they base the payment on the three employee's salary year to date; or is it no what they are...

See Answers

 
Explain the safe harbor

Esplain what the safe harbor is dealing with the 401 k plans.

See Answers

 
Related Questions

401k termination of safe harbor plans


I have a client who wants to terminate a safe harbor 401k plan before the end of the plan...

 

401k termination


I have a client who wishes to terminate their safe harbor 401k plan, but they are having difficulty...

 

Explain the safe harbor


Esplain what the safe harbor is dealing with the 401 k plans.

 

Small business 401(k) and safe harbor


I own a small business (sole proprietorship) that employs 4 other people. i earn around $70k...

 

What is the term safe harbor?


Definition of the term utilized with 401k's safe harbor

 

What exactly is safe harbor provision?


What is safe harbor provision for 401k pension plans

 
 

See more 401k questions

 
 
 
 
 

Ask A Question

Ask a new question about
401k: