Secure 2.0 Tax Credit Calculator

1. 3 years of tax credits that fully pay for new 401(k) setup and admin fees. Any small business with up to 50 employees can now get a credit of up to 100% of plan expenses (not to exceed $5,000 annually). Over 3 years, this credit could be worth $15,000!
2. Automatic enrollment credit of $500 per year to employers whose plans have automatic enrollment. Credit is applied each year for the first 3 years of the plan. With Secure 2.0, certain plans will be required to have auto-enrollment, and starting in 2025, auto-enrollment will be required universally.
3. Employer match credit granted to small business employer matching contributions to an employee’s 401(k), up to $1,000 of credit per employee per year.

Ubiquity is the #1-ranked² 401(k) provider for small and medium-sized businesses on Google Reviews³.

Our low-fee, customizable 401(k) retirement plans for small businesses can help clients take full advantage of Secure 2.0 provisions and help them grow their businesses.

¹Flat fees are charged by Decimal, Inc. for recordkeeping and administrative services. Third-party service providers may assess asset-based fees to customers. Plan Sponsors are advised to review all service agreements with providers (e.g., investment advisors, custodians, broker-dealers) to evaluate total plan costs.

² An evaluation has been conducted by Decimal, Inc. through its research of independent customer reviews on Google, Trustpilot, and the Better Business Bureau as reported by unaffiliated contributors on or before September 30, 2022, with a revaluation date on January 12, 2023, resulting in a better evaluation, for four similar small-business 401(k) providers in the marketplace. 

³Google ratings are based on client reviews of Ubiquity Retirement + Savings products and services. Details on the methodology Google employs to calculate ratings can be found herehere. Rates currently displayed are as of January 12, 2023 and are based on reviews from 2014 through 2023. 

Ubiquity is not a registered investment advisor and no portion of the material herein should be construed as legal or tax advice. Please consult with your financial planner, attorney and/or tax advisor for advice.