See How Much You Can Save!

Offering a 401(k) can help your small business attract and keep great employees, but getting started can be costly in time and money. The good news: SECURE 2.0 has expanded tax credits to make it easier for eligible small businesses.

See how much starting a plan for your employees could save you over the next five years. It might not be as costly as you think.

Small Businesses Who May Qualify:

  • 100 or fewer employees who earned $5,000 in the prior year
  • At least one non-highly compensated employee
  • Adding automatic enrollment
  • Making contributions to your employees' retirement

This tool is provided for educational purposes only and it is not intended to serve as the primary basis for your investment, financial, or tax-planning decisions and should not be considered investment, legal or tax advice. The projections or other information generated by the 401(k) Start-Up Plan Tax Credit Calculator for Small Businesses are hypothetical in nature. Before making any financial decisions, be sure to consult with your tax advisor and attorneys.