Latest news with #SafeHarbor
Yahoo
3 hours ago
- Business
- Yahoo
ShareBuilder 401k Announces Special Savings on Safe Harbor 401(k) Setup Ahead of October 1st Deadline
SEATTLE, August 18, 2025--(BUSINESS WIRE)--ShareBuilder 401k, a leading provider of affordable, all-ETF 401(k) plans for small businesses and medium-sized companies, today announced a special offer designed to assist businesses with employees establish their first 401(k) plan and meet the crucial Safe Harbor deadline. To encourage early adoption and ease the setup process, ShareBuilder 401k is offering significant discounts: From August 18 to September 2: Businesses with employees establishing a new 401(k) plan will receive $250 off their setup fee. From September 3 to September 12: A $100 discount will be applied to the setup fee for new plans. Companies will have until September 17th to purchase a Safe Harbor at ShareBuilder and still meet the October 1st government deadline. Safe Harbor 401(k) plans provide numerous advantages for business owners and their employees, including high contribution limits to build retirement savings, significant tax benefits for contributors including Roth 401(k) option, and a powerful tool for attracting and retaining top talent. A key benefit of the Safe Harbor 401(k) is its ability to automatically satisfy IRS plan testing requirements, allowing both employees and owners to maximize their contributions up to the annual 401(k) limits without restrictions. While employer matching is optional in many 401(k) plans, the Safe Harbor 401(k) design requires an immediate vesting match for employees, including owners. For businesses with fewer than 100 employees, concerns about the cash outlay for employer contributions are significantly mitigated by the tax credits enabled in the recent Secure 2.0 Act. This legislation has added more tax credits for businesses starting their first plan beyond covering setup and administration costs to also include an offset to employer contributions. Any employer contribution not covered by these enhanced tax credits is typically tax-deductible for the company, further reducing the net cost. To establish a Safe Harbor 401(k) plan for the current year, it must be set up by October 1 of the current year. Most providers recommend initiating the process well in advance to ensure the company's plan is fully operational on time and not delayed until the following January. By leveraging ShareBuilder 401k's current offers and digital purchase and installation process, businesses can establish a low-cost, full-featured plan that simplifies compliance management and provides valuable retirement benefits to their employees. "Too many small businesses are missing out, unaware of just how affordable and accessible a robust 401(k) plan can be," stated Stuart Robertson, CEO of ShareBuilder 401k. "Our unwavering commitment is to empower businesses of every size to effortlessly as possible provide themselves and their employees with a vital retirement plan. By offering these limited-time savings on setup, we are actively dismantling another perceived cost barrier and urging more employers to seize the benefits of a 401(k) plan." A 2024 ShareBuilder 401k survey revealed that 55% of small business owners believe their business is too small to offer a plan, while 28% are concerned about affording a company match. Additionally, 22% of owners view providing a 401(k) plan as too expensive. However, providers like ShareBuilder 401k have specifically developed retirement plans tailored to meet the unique needs and financial constraints of small businesses. When coupled with the substantial tax incentives from the Secure Act 2.0, offering 401(k) plans can be nearly cost-neutral, providing a more secure and affordable retirement option for businesses and their employees. ShareBuilder 401k offers a range of plans designed to meet the needs of different-sized businesses, emphasizing low costs, user-friendly technology, and exceptional customer service. To learn more, visit About ShareBuilder 401k ShareBuilder 401k is a leading digital 401(k) provider specializing in low-cost, all-ETF retirement products and resources for small- to mid-sized companies, including owner-only businesses. Founded in 2005 and now serving more than 6,500 businesses across the US, ShareBuilder 401k is a pioneer of the index-based 401(k), digital quoting and purchasing of retirement plans, and providing investment management (ERISA 3(38)) services for every client's fund roster. ShareBuilder 401k is committed to expanding access to retirement plans and leading more Americans to save through cutting-edge technology, low costs and quality education and support. View source version on Contacts Patrick Mendoza, mendozap@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
4 hours ago
- Business
- Business Wire
ShareBuilder 401k Announces Special Savings on Safe Harbor 401(k) Setup Ahead of October 1st Deadline
SEATTLE--(BUSINESS WIRE)--ShareBuilder 401k, a leading provider of affordable, all-ETF 401(k) plans for small businesses and medium-sized companies, today announced a special offer designed to assist businesses with employees establish their first 401(k) plan and meet the crucial Safe Harbor deadline. To encourage early adoption and ease the setup process, ShareBuilder 401k is offering significant discounts: From August 18 to September 2: Businesses with employees establishing a new 401(k) plan will receive $250 off their setup fee. A $100 discount will be applied to the setup fee for new plans. Companies will have until September 17 th to purchase a Safe Harbor at ShareBuilder and still meet the October 1 st government deadline. Safe Harbor 401(k) plans provide numerous advantages for business owners and their employees, including high contribution limits to build retirement savings, significant tax benefits for contributors including Roth 401(k) option, and a powerful tool for attracting and retaining top talent. A key benefit of the Safe Harbor 401(k) is its ability to automatically satisfy IRS plan testing requirements, allowing both employees and owners to maximize their contributions up to the annual 401(k) limits without restrictions. While employer matching is optional in many 401(k) plans, the Safe Harbor 401(k) design requires an immediate vesting match for employees, including owners. For businesses with fewer than 100 employees, concerns about the cash outlay for employer contributions are significantly mitigated by the tax credits enabled in the recent Secure 2.0 Act. This legislation has added more tax credits for businesses starting their first plan beyond covering setup and administration costs to also include an offset to employer contributions. Any employer contribution not covered by these enhanced tax credits is typically tax-deductible for the company, further reducing the net cost. To establish a Safe Harbor 401(k) plan for the current year, it must be set up by October 1 of the current year. Most providers recommend initiating the process well in advance to ensure the company's plan is fully operational on time and not delayed until the following January. By leveraging ShareBuilder 401k's current offers and digital purchase and installation process, businesses can establish a low-cost, full-featured plan that simplifies compliance management and provides valuable retirement benefits to their employees. "Too many small businesses are missing out, unaware of just how affordable and accessible a robust 401(k) plan can be," stated Stuart Robertson, CEO of ShareBuilder 401k. "Our unwavering commitment is to empower businesses of every size to effortlessly as possible provide themselves and their employees with a vital retirement plan. By offering these limited-time savings on setup, we are actively dismantling another perceived cost barrier and urging more employers to seize the benefits of a 401(k) plan." A 2024 ShareBuilder 401k survey revealed that 55% of small business owners believe their business is too small to offer a plan, while 28% are concerned about affording a company match. Additionally, 22% of owners view providing a 401(k) plan as too expensive. However, providers like ShareBuilder 401k have specifically developed retirement plans tailored to meet the unique needs and financial constraints of small businesses. When coupled with the substantial tax incentives from the Secure Act 2.0, offering 401(k) plans can be nearly cost-neutral, providing a more secure and affordable retirement option for businesses and their employees. ShareBuilder 401k offers a range of plans designed to meet the needs of different-sized businesses, emphasizing low costs, user-friendly technology, and exceptional customer service. To learn more, visit ShareBuilder 401k is a leading digital 401(k) provider specializing in low-cost, all-ETF retirement products and resources for small- to mid-sized companies, including owner-only businesses. Founded in 2005 and now serving more than 6,500 businesses across the US, ShareBuilder 401k is a pioneer of the index-based 401(k), digital quoting and purchasing of retirement plans, and providing investment management (ERISA 3(38)) services for every client's fund roster. ShareBuilder 401k is committed to expanding access to retirement plans and leading more Americans to save through cutting-edge technology, low costs and quality education and support.
Eater
14-07-2025
- Entertainment
- Eater
The Four Horsemen's Anticipated Italian Restaurant Is Finally Here
Fresh off celebrating the Four Horsemen's tenth anniversary, the team has opened their hotly anticipated new restaurant across the street. I Cavallini is opening in Williamsburg on 284 Grand Street, between Havemeyer and Roebling streets, starting on Wednesday, July 16. The new restaurant is larger than its older sibling, with 64 seats (tables, bar, and counter) and a bigger kitchen. The dinner menu features in-house-made pastas, including the bucatini with tomatoes and ricotta salata ($30), and the gnocchi sardi with shrimp, beans, and herb butter ($32). Other dishes include the fried eel toast with pine nuts and golden raisins ($24); roasted golden chicken with garlic and grilled hearts ($49); and the olive oil cake with berries ($18). Drinks include the all-Italian wine list with more than 100 bottles. Then there's cocktails, which is new for the team, many with amaro, such as the Shakerato Rickey with amaro, lime, and soda ($18); the Pomozoni with Italian gin, doladira, lemon, tomatoes, and salt ($19); the Safe Harbor with a dry gin, fino, coconut, cucumber, absinthe and soda ($18); the after-dinner Dolce Amaro Fizz with amaro noveis, hazelnut, coffee liqueur, egg yolk, cream, and prosecco ($21); plus beers, nonalcoholic options, and coffee. I Cavallini co-partners are executive chef Nick Curtola (who also oversees the kitchen of the Four Horsemen), managing director Amanda McMillan, James Murphy, Christina Topsoe, Randy Moon, and Stacy Fisher (who is the wife of the late partner Justin Chearno). The rest of the team includes wine director Flo Barth (who worked with Chearno at the Four Horsemen), bar director Jojo Colona (who worked at Attaboy), general manager Kendra Busby, and sous chefs Jonathan Vogt and Max Baez. Reservations can be placed online, but there is room for walk-ins — good luck to anyone trying their luck at this on opening week! The fried eel toasts at I Cavallini. Nick Curtola/I Cavallini Ichimura's final days Sushi Ichimura will close after service on Thursday, July 14. As Eater reported earlier this year, Sushi Ichimura opened the 10-seat sushi spot in 2023 from the esteemed Eiji Ichimura — who set forth a new chapter on high-end omakase in New York — and Kuma Hospitality, also behind the restaurant l'Abeille (both were featured in Celine Song's summer movie The Materialists). At the time, the group suggested that Ichimura was retiring, but he has denied that that's the case. Kuma is working to flip the space into a new concept at 412 Greenwich Street, near Laight Street, in Tribeca. Eater has reached out for more information. A roast beef sandwich icon of South Brooklyn turns 55 Roll N Roaster in Sheepshead Bay is celebrating its more-than-five decades in operation with a bunch of BOGO (buy-one-get-one free) food deals on Tuesday, July 15, like its roast beef sandwiches. Don't miss out on that collectible special-edition pen, either.
Yahoo
23-06-2025
- Business
- Yahoo
RBC Capital Cuts Enphase Energy (ENPH) PT to $28 Amidst Concerns Over Proposed Senate Reconciliation Bill
Enphase Energy Inc. (NASDAQ:ENPH) is one of the best technology stocks according to Wall Street analysts. On June 18, RBC Capital analyst Christopher Dendrinos adjusted the price target on Enphase Energy to $28 from $50, while maintaining a Sector Perform rating on the shares. This revision was primarily a response to the proposed Senate reconciliation bill, which is expected to impact the clean energy sector. RBC's analysis assumes that the bill passes with its current Senate-proposed provisions, which would lead to lowered demand and margin assumptions for residential solar companies like Enphase Energy. This is due to expected residential solar lease restrictions and the termination of 25D tax credits. While the Senate's proposed revisions are seen as more favorable than the House version in some aspects, the restriction on the stacking provision is considered more restrictive by RBC. A solar panel array stretched across a large open field, its glimmering panels reflecting the sun. In Q1 2025, the company showed a revenue of $356.1 million, which included $54 million of Safe Harbor revenue. ~1.53 million microinverters and 170.1 megawatt-hours of batteries were shipped in Q1. For Q2, Enphase Energy provided revenue guidance of $340 to $380 million. The company is expanding its product offerings with the launch of the fourth-generation IQ battery and the IQ9 microinverter. Enphase Energy Inc. (NASDAQ:ENPH) designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry internationally. While we acknowledge the potential of ENPH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Related Content NASDAQ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Safe Harbor Financial to Participate in the Benzinga Cannabis Capital Conference on June 8–10, 2025
DENVER, June 06, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (Safe Harbor or the 'Company') (Nasdaq: SHFS), a fintech leader in facilitating financial services and credit facilities to the cannabis industry, announced that Terry Mendez, Safe Harbor's Chief Executive Officer, Jeffrey Kay, Senior Vice President of Marketing, Dominic Marella, Vice President of Business Development, and Michael Regan, Head of Investor Relations & Data Science will participate in the Benzinga Cannabis Capital Conference being held on June 8–10, 2025, at the Marriott Magnificent Mile in Chicago, Illinois. Terry Mendez, will join a panel discussion titled 'The CFO, The CPA & The CEO: How To Make Your Business Financially Resilient' on Monday, June 9, 2025, at 1:00 p.m. CT on the Main Stage on Floor 5 (Chicago Ballroom ABCD). The panel will explore the critical role of financial leadership, tax strategy, and capital structure in navigating the volatile cannabis market. Safe Harbor will host one-on-one meetings throughout the conference. For more information or to schedule a meeting, please contact ir@ About Safe Harbor: Safe Harbor is among the first service providers to offer compliance, monitoring and validation services to financial institutions that provide traditional banking services to cannabis, hemp, CBD and ancillary operators, making communities safer, driving growth in local economies and fostering long-term partnerships. Safe Harbor, through its financial institution clients, implements high standards of accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Over the past decade, Safe Harbor has facilitated more than $25 billion in deposit transactions for businesses with operations spanning more than 41 states and US territories with regulated cannabis markets. Cautionary Statement Regarding Forward-Looking Statements:Certain information contained in this press release may contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included herein may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Forward-looking statements may include, but are not limited to, statements with respect to trends in the cannabis industry, including proposed changes in U.S and state laws, rules, regulations and guidance relating to Safe Harbor's services; Safe Harbor's growth prospects and Safe Harbor's market size; Safe Harbor's projected financial and operational performance, including relative to its competitors and historical performance; success or viability of new product and service offerings Safe Harbor may introduce in the future; the impact volatility in the capital markets, which may adversely affect the price of Safe Harbor's securities; the outcome of any legal proceedings that have been or may be brought by or against Safe Harbor; and other statements regarding Safe Harbor's expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intends,' 'outlook,' 'may,' 'might,' 'plan,' 'possible,' 'potential,' 'predict,' 'project,' 'should,' 'would,' and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Safe Harbor's filings with the U.S. Securities and Exchange Commission. Safe Harbor undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. Safe Harbor Investor Relations Contact: Mike Regan, Head of Safe Harbor Investor Relationsir@ Safe Harbor Media Relations Contact: Ellen Mellody570-209-2947safeharbor@
