Secure 2.0 Act
Tax credit calculator
Estimate the Secure 2.0 tax credits your business can claim for a new 401(k).
Your business
150100
Include administration, setup, and advisory fees
How we calculate it
• Up to 50 employees: 100% of startup costs, up to $5,000 a year
• 51 to 100 employees: 50% of startup costs, up to $5,000 a year
• Auto-enrollment credit: $500 a year for three years
• Credits last three years from the plan start date
Estimated total credits
$10,500
over three years
Breakdown
Startup cost credit (per year)$3,000
Credit rate100%
Startup credits (three years)$9,000
Auto-enrollment credit (per year)$500
Auto-enrollment credits (three years)$1,500
This is an estimate. Your actual credit depends on your situation. Talk to a tax professional before you rely on it. GlidingPath does not give tax advice.