May 28th, 2024 Retirement Plan Tax Credits for the Smallest Employers Gain Traction in Congress The RISE Act would raise credits for micro-businesses with less than ten employees.
Compliance October 24th, 2023 New Micro-Plans Will Receive Expanded Tax Credit if Bill Passes Startup retirement plan sponsors with less than 10 employees would receive a minimum of $2,500.
Compliance May 24th, 2023 Congress Says It Will Fix at Least 4 Errors in SECURE 2.0 The errors include the startup credit, RMD, SIMPLE IRA plans and Roth catch-ups.
Compliance January 19th, 2023 Small Businesses and SECURE 2.0: Exemptions and Tax Credits SECURE 2.0 offers tax credits to create plans, as well as to join existing PEPs and MEPs.
Compliance January 9th, 2023 How SECURE 2.0 Will Affect New Plan Creation The two main provisions affecting new plan creation are required automatic features and more generous tax credits.