Can You Save Money & Provide Retirement?
Financial Planning, Small Business

Can You Save Money & Provide Retirment?

The SECURE 2.0 Act of 2022 (SECURE Act 2.0) is designed to ensure that small employers can easily sponsor plans for employees and enhance various credits to make saving for retirement beneficial.

Key Guidelines

  • For the first three years you can claim a credit of up to 50 percent of start-up costs per employee.
  • Retroactively makes the start-up credit available to small employers that join a multiple employer plan (MEP) that is already in existence.
  • Military spouses are immediately eligible to participate in the employer’s retirement plan.

If you have questions about providing retirement plans for your employees, please call our office at (402) 932-8815 for more information.

Sincerely,

W.E. Stevens PC