SECURE 2.0 Act Aims to Increase Retirement Savings for Americans
Carson Wealth
DECEMBER 27, 2022
For small businesses with up to 50 employees, the new bill allows for a start-up tax credit up to 100% of startup administrative costs for the first three years that a plan is established. Previously, this credit was paid at 50% of startup costs. This number would drop even more by age 73 and even further by age 75.
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