Compass
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Small Business Tax Credit (SECURE Act)
BenefitsLink Message Boards Oct. 31, 2022 "The SECURE Act (Section 104) increased the tax-credit for a small business establishing a retirement plan to $5,000. Does a small business qualify (for the credit) if they already sponsor a retirement Plan (in this case a SEP-IRA)? They would you like to start a 401k in 2023 but only if they are eligible to receive the tax credit for a establishing a new retirement plan All help is appreciated Thank you in advance" |
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