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FLO is a Non Highly Compensated employee participate in a safe harbor 401K plan. The plan provides for a safe harbor nonelective contribution. (I.e. employer
FLO is a Non Highly Compensated employee participate in a safe harbor 401K plan.
The plan provides for a safe harbor nonelective contribution. (I.e. employer contribution of 3% of compensation)
. Flo has compensation of $30,000. She defers $3,000.
what is Flo's safe harbor nonelective allocation?
$900, $1400, $1500 or $3000?
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