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

Plan-related expenses and contributions are typically tax deductible to your company, but thanks to the SECURE Act and SECURE 2.0, some may qualify for tax credits instead (subject to certain limitations). There are a number of factors that go into calculating the amount of the credit, so we’ve prepared two handy dandy calculators to make all that math a little less math-y.

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.