---
title: Download the DWC Tax Credit Calculator
description: There are tax credits available for implementing a new retirement plan. Calculate your estimated available credits using our free calculator. Get it here.
image: https://www.dwc401k.com/hubfs/Landing%20Pages/Images/DWC%20Resource_Tax%20Credit%20Calculator_Landing%20Page%20Hero%20Image.png
---

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![Download the DWC Tax Credit Calculator | DWC Downloadable Resources](https://www.dwc401k.com/hubfs/Landing%20Pages/Images/Tax%20Credit%20Calculator_Downloadable%20Resource_Landing%20Page%20Hero%20Image_1440%20x%20325.png "Download the DWC Tax Credit Calculator | DWC Downloadable Resources")

## Download the Tax Credit Calculator

##  What tax credits are available for setting up a new retirement plan?

Plan-related expenses are typically tax deductible to your company, but half may qualify as tax credits instead (subject to certain limitations). There are five steps for calculating available credits:

1. Determine how many NHCEs are eligible for your plan
2. Multiply that number by $250
3. The result from step #2 is your maximum tax credit for the year, subject to an overall cap of $5,000
4. Determine your actual eligible plan expenses for the year
5. Multiply that number by 50% 

The result step #5 is your tax credit for the year, subject to a minimum credit of $500 and a maximum credit equal to the result from step #3. Phew.

**You could break down the five steps to calculate your eligible credits, or you can download DWC's free tax credit calculator and take the messy math out of the equation.**

### Get DWC's Tax Credit Calculator

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