Under SECURE 2.0, employers who start up a new retirement plan may receive a credit of 100%
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Question:
Under SECURE 2.0, employers who start up a new retirement plan may receive a credit of 100% of startup costs for three years. They may also receive a credit of 100% of the contributions to their employees' IRAs, but this latter credit is capped at ______ per employee.
$250
$500
$750
$1,000
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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