Tax Credits for Small Employer Plans

This resource provides an overview of valuable tax credits available to small businesses that start a new retirement plan. It outlines the eligibility requirements and explains how employers can claim credits of up to $5,000 per year for plan startup costs, plus an additional credit for employer contributions. The handout also includes examples to help plan sponsors understand their potential savings. It’s a helpful guide for making informed decisions about offering a retirement plan while maximizing available tax incentives.