Retirement Partners of Hawai'i
Aug 17, 20201 min
Offering a retirement plan shows your employees that you are committed to helping them save for their future. A matching formula is a great way to give a little bit more to your employees and increase contributions!
There are many matching formulas that can boost contributions and won’t break your bank or budget. Here are three to consider:
Safe Harbor
Graded Vesting
Cliff Vesting
In this guide, you will gain insights about these three formulas, their advantages and eligibility requirements.
3 Cost Effective Ways to Expand 401(k) Participation
Retirement Partners of Hawai`i
1003 Bishop Street
Pauahi Tower, Suite 880
Honolulu, Hawai`i 96813
Phone: (808) 681-7799
info@retirementpartnersofhawaii.com
www.RetirementPartnersofHawaii.com
Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.