What are the potential benefits of a Safe harbor plan? Safe harbor provisions can help: â¢ Reduce plan maintenance by eliminating annual testing requirements and the obligation of maintaining a vesting schedule. â¢ Maximize deferrals for highly compensated employees. â¢ Relieve a planâs top-heavy status. â¢ Provide additional employee benefits with profit-sharing or matching contributions. What employer contributions are required? There are many contribution possibilities, but many employers limit their contributions to the amounts required under their chosen Safe harbor formula. The subsequent scenarios generally satisfy Safe harbor requirements: â¢ Basic match.
You can operate a jet ski at 12 years old if you have passed the boating safety course or have someone over the age of 18 with you. Once you are 18 you can operate a PWC withoâ¦ut the safety course. Here is the link.
Serious ski racers go to ski practice daily and have ski races every week. They may also be on a high school ski team if it is available in their area. These ski racers invest in ski equipment including two to three pairs of skis, helmet, Giant Slalom Suit, ski poles with wrist guards, shin guards, and other ski racing gear and equipment. Ski racing equipment can be very expensive, but a serious ski racer skis so often that it is worth it. Serious ski racers are competitive and may strive to become a professional ski racer one day. Recreational ski racers are those skiers that ski once in awhile or just for fun a couple times a month or week.