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

Written By Scott Nasca
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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.

Scott Nasca http://www.gencapmgmt.com
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