Establishing new Safe Harbors for the current year has been updated in a significant way under the SECURE Act. We’ve outlined the deadlines below. As a reminder, this means that a Plan Document must be drafted, signed and plan accounts open to meet the deadline as shown below: 10/1/2020: Any […]
Daily Archives: September 16, 2020
We’ve been getting a lot of questions regarding the new SECURE Act tax credit available for the 2020 plan year and following. Below is a great summary we put together from our reading of the law: Old rule: Lesser of half or $500 tax credit for first 3 years of […]