Under SECURE 2.0, small businesses with fewer than 50 employees may be eligible for up to 100% of plan startup costs, capped at $5,000/year for three years. Businesses with 51–100 employees may receive a 50% credit. An additional auto-enrollment credit of $500/year for three years is available for plans with auto-enrollment. Many plan sponsors qualify for $15,000+ in total credits over the first three years; we have a calculator you can use with clients to help determine what they may be eligible for.
