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.