The Small Employer Retirement Savings Auto-Enrollment Tax Credit (H.R. 3902) would reward small employers who set up automatic enrollment plans with a tax credit of $500. It would apply to an employer with no more than 100 employees who received at least $5,000 of compensation from the employer in the preceding year (the same definition is used for SIMPLE-IRAs).
Barbara Weltman
Big Ideas for Small Business, Inc.
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