Grow Your Business and Employees.
Your company may qualify for SECURE Act 2.0 tax credits to offset the cost of your FastStart 401k for 3 years.
What does "offset the cost" mean?
The SECURE ACT 2.0 enacted by Congress in 2022 offers up to 100% tax credits* for new retirement plans for the first three years.
Essentially, you pay to set up a qualified retirement plan now, and when it comes time to pay corporate taxes for the year, you can subtract the cost of your retirement plan dollar-for-dollar from the taxes you owe. That's a tax “credit," not simply a deduction.
Available credits may make the cost of your plan free (or nearly so!) for the first three years depending on the number of eligible employees participating, matching contributions you may make, and by adding an autoenrollment feature.
Available tax credits
A minimum of $500 or $250 times the number of eligible employees participating, up to $5,000 per year. (Highly compensated employees don't count.)
Your company could receive a total of $16,500 in tax credits by year three if you include automatic enrollment.
401k benefits that grow with your company
More value and choice than in state-mandated plans
Now you have a retirement team to help make it easy!
If you’re like many small business owners, you’re facing more competition than ever to find and keep talented employees.
And you may be facing a state-mandated retirement plan if you don’t have one in place.
You’ve got enough on your plate without stressing about how to get this done.
State-mandated plans are basic and limited. They’re better than nothing, but you and your people deserve more.
The SECURE ACT 2.0 enacted by Congress in 2022 offers up to 100% tax credits* for new retirement plans for the first three years. More than a deduction, it’s a dollar for dollar credit against your tax liability.
There has never been a better time to start a workplace retirement plan than right now. And we’re here to help.
We’ve helped more than 6,000 employers in 35 states start and manage retirement plans. We’re ready to help you.
We make it easy to get started.
We’ll ask a few questions to understand your needs and goals
We’ll recommend a plan that fits you
We’ll get the plan set up and make running it easy
FastStart 401k is supported by a team
dedicated to customer success.
We’re real people you can speak with to make sure you have the information and answers you need.
You’ll enjoy the peace of mind that comes with knowing you have a competitive benefit plan in place and your people will be a step closer to long-term success.