SECURE 2.0 tax credits were designed to make retirement plans more accessible for small businesses. This calculator gives you a fast, personalized estimate of how much your business may qualify for—based on your workforce and plan design.
- Has 20 eligible employees making $5K - $100K in W-2 wages
- Does not have employees making over $100K
- Startup costs of ~$1500/year to start their own retirement plan for the first 3 years
- Estimate making employer contributions of ~$800/employee per year, for 20 employees
- Will be offering auto-enrollment into the plan for their employees
2. Enter your email to see the results — or how much this example business could qualify for.
3. Recalculate as needed, and download our ebook for more information.
*This estimator is provided for illustrative and informational purposes only and does not constitute tax, legal, or financial advice. Actual eligibility for SECURE 2.0 tax credits depends on IRS rules and individual business circumstances, including but not limited to total employee count, ownership structure, prior retirement plan sponsorship, controlled group or affiliated service group status, final plan design, IRS definitions of highly compensated and non-highly compensated employees, and statutory limits and phase-outs. Only eligible non-highly compensated employees (NHCEs), as defined under Internal Revenue Code Section 414(q), are counted for certain tax credit calculations. Highly compensated employees do not count toward startup credit caps or employer contribution credit amounts. Businesses with more than 100 employees are generally not eligible for these federal tax credits. Tax laws and guidance may change.
ProService Hawaii does not provide tax or legal advice. Users should consult their tax advisor regarding eligibility and actual credit amounts.
What is Hawaii’s Upcoming Retirement Mandate?
Why This Matters Now
- Mandate expected to begin in mid-2026
- Early action = more flexibility + potential savings
- HR guidance helps ensure compliance as rules evolve
