Hawaii5500 LLC
  • Home
  • Services
  • About
  • Contact
  • Hawaii5500 Blog
  • Secure Client Portal Login
  • Home
  • Services
  • About
  • Contact
  • Hawaii5500 Blog
  • Secure Client Portal Login
Search

secure 2.0 - new law may allow new plans to start up for 'free' - this is a big deal

2/16/2023

0 Comments

 
On December 29, 2022, President Biden signed the SECURE 2.0 Act which has many changes and options for retirement plans. Among them is the following:

New plans for employers with under 50 employees who have not had an existing plan in the prior 3 taxable years, including SIMPLE or SEP, may get a 100% tax credit for eligible start up costs.

Such new plans may even get up to 100% of a tax credit for employer contributions (match or profit sharing) for the 1st two years, with partial credit for the next 3 years.

As always, there are many details about this, so please contact me for additional information and to make sure your potential new plan will qualify.
0 Comments



Leave a Reply.

    Author

    Jeff Esmond is an aspiring blogger.

    Archives

    February 2023
    September 2022
    July 2022
    October 2020
    February 2020
    January 2020
    November 2018
    September 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    September 2017
    August 2017
    May 2017

    Categories

    All

    RSS Feed

__________________________________________________________________________________________________________
HOME   |   SERVICES   |   ABOUT   |   CONTACT   |   HAWAII5500 BLOG   |   LOGIN  |  email me


Honolulu | Kaneohe (SERVING ALL ISLANDS AND MAINLAND TOO)
© Copyright 2017-2023  Hawaii5500 LLC   |   All Rights Reserved   | Tel:  808.5500.080

  • Home
  • Services
  • About
  • Contact
  • Hawaii5500 Blog
  • Secure Client Portal Login