A safe harbor 401(k) is a special type of employer-sponsored retirement plan that helps businesses skip the hassle of annual IRS testing — while guaranteeing employer contributions to employees. In ...
The Department of Labor swiftly rescinded a 2021 letter questioning private investments in 401(k) plans, but DOL officials have not yet delivered regulatory guidance required by the SECURE 2.0 Act.
PORT ROYAL, S.C. (WSAV) — After decades of the deepest east-coast port sitting idle, and years of back-and-forth settlement agreements after purchase in 2017, the Town of Port Royal and Safe Harbor ...
When a plan participant separates from service with an employer, the retirement plan sponsor can choose to distribute the account owner’s remaining account balance without consent if the balance is ...
As the new year begins, Port Royal officials are guardedly hopeful that one of the most highly anticipated and most contentious developments north of the Broad River will finally get off the ground in ...
The unspoken mood in the room at the Port Royal Town Council meeting Wednesday was “let’s finally get this going.” Redevelopment of Port Royal’s prized waterfront — sometimes called its front porch — ...