New client looking to switch from Simple to Safe Harbor 401k (needs safe harbor because owner makes 5x what employees make(dentist office )Does anyone know if there is a custodian who offers this?

Posting as :
works at
You are currently posting as works at

Have you found a custodian that doesn't offer this?
We do our 401(k) plans through MidAtlantic Trust Company.

pAI is very cost effective and easy

I think most custodians can do this. Are you looking for a TPA?

Related Posts

What is the avg yearly hike in deloitte india risk advisory?

like

1st Job - 90k…. Is this a good salary? Late to the game at 34. Don’t even know anything about personal finance. Basically feeling like an 18 year old over here with no knowledge of how to run my own life. Having to start over after long term controlling relationship where I was left out of all the finance stuff. So I’m lost TBH. Engineering makes sense, managing my money not so much.

like

Looking to buy a home in 1-1.5 years. What are some good neighborhoods inside the beltway for 500-650k range?

like

Specific question for fish based in the UK.
Could you let me know what your employer contributions to your company pension scheme are?
For instance, they contribute half of your contribution up to a maximum of 3%. Before any tax incentives etc.
Interested to see the variances, it seems to be substantial from what I've seen. If it changes with level/seniority, please make that clear as well so we can differentiate between companywide averages and individual circumstances / positioning.

like

Can anyone shed some light on quant funds please? https://groww.in/mutual-funds/escorts-tax-plan-direct-growth
I am seeing stellar returns and extremely low expense ratios but apparently since they're quantitatively managed algorithms, they don't account for things like corona for example.

like
like

Hi Sharks,

Can you please suggest which would be better in terms of WLB, flexibility, growth, job security.

YOE: 4.4 years
Tech stack: Azure data factory, data lake, Azure databricks, Logic App, SQL, Pyspark (basic)


Offer:

KPMG India:16 fixed + 10 to 20% variable

Optum - 16 Fixed + 15% variable + pf (offer letter is not received yet)

LTIMindtree: 11 LPA Fixed only(can revise the offer based on the latest offer)

like

My monthly salary is around $6.4k after-tax. Living in NYC. Do you think it’s reasonable that I pay:
- about $1.5k on rent
- about $500 on utilities and subscriptions
- about $900 on student loan
- about $2k on food and etc.
My saving goals is around $3k so been trying to adjust my monthly spending.

likefunny

#Suggestions (Help) Required
I have received an Email from BCG for Analyst - Project Accounting.
Profile looks decent to me.
I am currently working with Deloitte as US Tax Consultant from 1.5 years.
What is the CTC I can expect from this position?

like

Hi all,

Can anyone share some insights on the Associate managing consultant role at Mastercard? I am curious to understand the culture, the projects and the salary as well.

I can't DM yet as I am new so please feel free to DM me.

like

Hi fishes
A known of mine with 8 years of experience in a leading US Bank industry got an offer from

EXL as AVP/Engagement manager at credit for fintech clients (42+5 LPA)

and

Accenture strategy as Manager in operations for banking (40+3 LPA)

Which one should he go for?
Any suggestions?

like

I want to catch up on my contribution to HSA for 2019. If I do this before April but I already filed my 2019 taxes, do I need to amend/fix my 2019 tax return?

likesmart

For the other 1099 contractors out there, any thoughts on other strategies for what to do with your tax money besides a high yeild online savings account? My Barclays account is 1.50% interest.

like

Anyone here who has qualified Wings 1- milestone 1? Is it worth the effort?

Appeared for a core track. The content and examination are time consuming!!! and requires lots of effort, where we need to study after work hrs/ weekends, if u are in a busy project!
Anyone here / ur colleagues who got any revision in compensation after qualifying the same?

like

If you’ve left before your clawback period ended, how much time did your company give you to pay your signing/retention bonus back?

likehelpful

What are the best ways of tax exemption

like

What are the pay grades for C's and M's in S&C?

like

Is there any remote work available with base pay?? I’ve exhausted myself with Indeed, Zip Recruiter, and Glassdoor job searches and my unemployment is over 😭😭

like
like

In your opinion - What type of property is the easiest to sell?

like

More Posts

Anyone know the rough price of WiFi on American Airlines flights

To do an ERA or not before transfer is the question. My clinic said currently the recommendation is to only do an ERA with multiple transfer fails, but I’ve read about ERA’s for those with recurrent pregnancy loss as well. Anyone go through this experience?

likehelpful

Any recs for mixology classes for couples?

like
like

Has an tested roles for SAP through productive test simulation within production? Is there any risk doing this as the test is in production?

like

Is 49,000 a fair starting salary for a scientist 1 with a B.S in biology in Philadelphia?

like

Amex Platinum Users - How does “no preset spending limit” get reported to the credit bureaus? Just got approved and 6 months ago my credit was around 580 so this is a huge achievement for me, but I’m also obsessed with maintaining my credit score now. Google has not been helpful; too many answers are no answer. Thank you!

like

I bought a house six months ago and while doing some redecorating, I found black mold behind the wallpaper in the kitchen. Didn't the previous owners have to disclose this to me, by law?

like

I have 2 to 3 weeks to prep for a case interview. Never did one before. What can/should I do prep over next 2 weeks considering I only have weekends to prep?

I’m currently a second-year student can I still apply for the open profiles at Cyntexa?

like

Hey ,I applied 3 weeks ago to Bank of America with a decent resume and referral. But still did not heard back.Need a human eye who is willing to check my application and help me moving to the next step?@BankofAmerica

like

Hello, can anyone refer me to HP?

like

Citicorp services india pvt ltd Hi Fishes,
I have an offer from Citi for 37 LPA, YOE 8.10 approx, got another offer from a SBC for 39 LPA.
Can Citi match my offer ? I would like to join Citi but I would want to understand if they can give a counter. Citicorp services india pvt ltd Citicorp

like

Hi
I will be working hybrid at cisco Bengaluru soon. Thus need some help, like what localities/areas i should visit while pg hunting.
I prefer single sharing, if aware about current rent. Please do tell. Thanks in advance @cisco

like

In person panel event - how Brands and Creators Win Together on TikTok. Let’s get together! DM @linkagency.official on IG if you would like to join

Post Photo
likefunny

How do you ask someone to mentor you?

like

Is anyone from McKinsey or Bain available for a quick chat? I’m looking to change geography and my best bet might be with a different company. I’m currently a consultant at BCG

like

So I just received a job offer through a recruiter & tried negotiating the pto and vacation.

I asked just for a few more days 2-4 but im terrified they might reject the offer all together. I’m definitely over thinking 😭 but I’m hoping they get back to the recruiter before leaving the office for the weekend.

like

Could someone take a look at my about me section for my LinkedIn pls. Would appreciate some feedback. Trying to transition from reception job to selenium or lean six sigma. Please dm me!

like

Additional Posts in Financial Advisors

I have a new prospect. Small business owner that wants to start a 401k for himself and his employees. Who would be the top 2-3 organizations I contact, and what questions should I ask the providers?

like

Anyone else ever had ptsd from an awful work experience? I'm starting at a new firm but can't seem to shake the negative feelings from my previous one

like

Best books you read this year that aren’t about sales, marketing or prospecting?

like

What is the biggest "burden" about your jobs? The research of stocks, funds, bonds, etc. or putting together a portfolio for customers during the busy seasons?

like

Thinking about going independent and operating out of my home office. Does anyone have any thoughts to share about that? I’m wondering about clients coming to my home and FINRA issues.

like

Limiting email checks to two specific times daily - - thoughts? Does it help productivity? Is it too dangerous?

like


CFP study programs:

I'm a little confused on Danko - does he offer a self-study option for the coursework requirement? On his website it looks like each module has a 4-day virtual class which I wouldn't be able to attend due to working full time. Does this program also include self-study material, and the classes are just supplementary/optional? I was also looking at Dalton for self-study and Danko for test prep. Thoughts?

TIA

like

If I have a small growing practice (~$70k), is there any viable set up that allows me to continue growing my practice and get paid to help service someone else’s or pipe dream?! How much could I earn?

like

What are some signs of burn out? This is my first professional job and i’m not sure what the signs are.

like

Need tips & encouragement for how you have gotten out of a slump in the past. I am 3.5 yrs in and have seen my practice growing (some quarters better than others ), but Q219 has been really tough.

like

Spoke w partners at my firm about expanding branches over the next 5-10 yrs. Part of the focus will be to buy books but also bringing new advisors. Would you make the adivsor sign a noncompete?

likefunny

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

like

How often do you interact with your A clients? I feel disconnected them and probably should follow up with them more frequently

like

I’m five years into this game and I still get panicky before client calls... All calls, really. How do I get over this?

like

What specific tasks do your Assistants do?

like

Woohoo just closed my first client!!!!

like

Has anyone had any dealings with a firm called advisor lawyer?

like

Has anyone used Smart Asset for lead generation?

like

Our RIA will be presenting to a group of FAs on COI strategy in a few months. Curious if anyone has had success obtaining referrals from centers of influence?

like

What do you or your firm do to provide first class service?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal