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.
While it is possible to pull a skier behind a jet ski, by law it must be a three-seater. This is because you need a driver, a second person to be a spotter/flag holder and room (a seat) to recover the skier. To pull a 150-200 pound skier, you should ideally have an 110 horsepower or greater jet ski. If youâve decided to water ski behind your jet ski, be sure to use a 100 foot tow rope. This will allow your skier enough clearance of the turbulence behind your jet ski. And when it comes to tow ropes, youâre best bet is a brightly colored rope so you avoid going over it and getting it stuck in your jet skiâs intake.