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Safe Harbor 401(k) plan

You may be familiar with 401(k) retirement plans. But a Safe Harbor 401(k) plan is different. 

With a traditional 401(k), salary deferral contributions made by highly compensated employees, like owners, are limited by contributions made by employees. A Safe Harbor 401(k) includes fewer restrictions for highly compensated employees, offering the freedom to defer the maximum permitted by the plan and IRS regardless of the size of employee contributions or firm participation levels. The salary deferral limit for 2022 increased to $20,500. Participants aged 50 and over can contribute an additional $6,500 for a total of $27,000.

With a Safe Harbor 401(k), AIA members with employees could benefit from:

  • Combining with profit-sharing plans to contribute the maximum
  • No discrimination testing
  • Catch-Up contributions for participants over age 50

Find the right plan for your business with AIA Trust.


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A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) for Equitable Financial

The Members Retirement Program is funded by a group variable annuity contract issued and distributed by Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY). A group variable annuity is a long-term financial product designed for retirement purposes. In essence, a group variable annuity is a contractual agreement in which payments(s) are made to an insurance company on behalf of retirement plan participants, which agrees to pay out an income or a lump sum amount at a later date to those participants. There are contract limitations and fees and charges associated with group variable annuities, which include, but are not limited to, administrative fees and charges for investment management. Contact a Retirement Program Specialist for costs and complete details. 

Please consider the charges, risks, expenses, and investment objectives carefully before purchasing a variable annuity. For a prospectus containing this and other information, please contact a financial professional. Read it carefully before you invest or send money.

Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (NY, NY); Equitable Financial Life Insurance Company of America, an AZ stock company with main administrative headquarters in Jersey City, NJ; and Equitable Distributors, LLC. Equitable Advisors is the brand name of Equitable Advisors, LLC (member FINRASIPC) (Equitable Financial Advisors in MI & TN).  The subsidiaries of Equitable Holdings, Inc. and their employees and associates do not provide tax or legal advice or services.

GE-3498581 (3/21) (Exp. 01/23)