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.
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.
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