Changes to Retirement Planning

In recent years, the federal government has taken steps to incentivize businesses to offer retirement plans to their employees. The Secure Act 2.0 significantly increases the available tax credits, including some that may cover the costs of operating a small plan (50 or fewer qualifying employees) for up to three years.

This guide covers the following topics:

  • Overview of the Secure Act 2.0 employer tax credits
  • Eligible start-up costs
  • Tax credit for employer contributions
  • Tax credit for automatic enrollment