401(k) Matching Formulas that could Boost Participation without Breaking the Budget


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



PWMG 401(k) Advisors

11 Foster Street, Suite 200

Worcester, MA 01608

OFFICE: (877) 712-2263

FAX: (508) 519-0285

WEB: www.pwmg401k.com

EMAIL: info@pwmgllc.com

Securities and advisory services offered through LPL Financial a registered investment advisor, Member FINRA/SIPC.

Featured Posts
Recent Posts
Archive
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Search By Tags
Follow Us

CONTACT PWMG 401(k) ADVISORS

PWMG 401(k) Advisors

WORCESTER

324 Grove Street
Second Floor

Worcester, MA 01605

SPRINGFIELD 

1350 Main Street
10th Floor, Suite 1008

Springfield, MA 01103

OFFICE: (855) 508-401k
FAX: (508) 519-8426

WEB: www.pwmg401k.com

EMAIL: info@pwmg401k.com

Check the background of this firm on FINRA’s BrokerCheck.
Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AL, AR, AZ, CA, CT, DC, DE, FL, GA, IN, MA, MD, ME, MO, NC, NH, NJ, NM, NY, PA, RI, SC, TX, UT, VA, VT, WA, WV.