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#simple-ira

SIMPLE IRA

Savings Incentive Match Plan for Employees setup, limits, and employer requirements

The SECURE 2.0 Startup 401(k) Tax Credit: How to Claim Up to $15,000 for Launching a Retirement Plan
·mike

The SECURE 2.0 Startup 401(k) Tax Credit: How to Claim Up to $15,000 for Launching a Retirement Plan

SECURE 2.0 gives small employers three stackable federal tax credits for starting a retirement plan — up to $5,000 per year for three years in startup costs, up to $1,000 per eligible employee in contribution credits, and a flat $500 per year for auto-enrollment — all claimed on IRS Form 8881. Here's who qualifies, how the five-year phasedown works, and how the credits compare against state auto-IRA mandates in 2026.

tax-credits
retirement-plans
small-business
Massachusetts Secure Choice: What the Mandatory Retirement Savings Bill Means for Small Businesses
·mike

Massachusetts Secure Choice: What the Mandatory Retirement Savings Bill Means for Small Businesses

Massachusetts's House passed the Secure Choice Savings Program 148-2 on July 8, 2026, mandating auto-enrollment Roth IRAs for employers with 25+ workers — 6% default contributions, $250-per-employee penalties, and a qualifying-plan exemption small businesses can use to opt out entirely.

small-business
payroll
compliance
The 2026 SIMPLE IRA Two-Tier Contribution Limits: $17,000 vs. $18,100 Explained
·mike

The 2026 SIMPLE IRA Two-Tier Contribution Limits: $17,000 vs. $18,100 Explained

For 2026 the standard SIMPLE IRA elective deferral limit is $17,000, but employers with 25 or fewer employees (or 26-100 that raise their match) get an enhanced $18,100 limit under SECURE 2.0 — and a rounding quirk means the enhanced-tier catch-up contribution is actually lower than the standard one.

simple-ira
retirement-plans
payroll
Small Business Retirement Plans: 401(k) vs. SEP IRA vs. SIMPLE IRA
·mike

Small Business Retirement Plans: 401(k) vs. SEP IRA vs. SIMPLE IRA

Compare the three most popular small business retirement plans—401(k), SEP IRA, and SIMPLE IRA—with 2026 contribution limits, pros and cons, and a decision framework to find the best fit for your business.

small-business
retirement-plans
401k