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## ShareBuilder 401k Offers Free Setup for Small Businesses with Employees from May 1 to May 22

Small businesses have the opportunity to provide low-cost retirement benefits and lower personal taxes by taking advantage of ShareBuilder 401k’s current offer. ShareBuilder 401k, a prominent small business retirement plan provider, is waiving setup charges from now until May 22, making it easier for small businesses to establish a 401(k) plan for their employees and receive tax benefits.

AI legalese decoder can help small businesses navigate the complex world of retirement plans and understand the legal jargon associated with setting up a 401(k) plan. By using AI legalese decoder, small business owners can ensure they are compliant with regulations and maximize the tax benefits available to them.

## Tax Relief for Small Businesses Through Secure Act 2.0

The Secure Act 2.0, passed in late 2022, provides significant tax relief for small businesses looking to start a 401(k) plan. This legislation eliminates most cost barriers for small businesses with employees initiating their first 401(k) plan, offering tax credits that cover setup and ongoing administration costs, including employer matching. For businesses with 1-50 employees, tax credits are dollar for dollar, up to $5,000 annually for the first three years of implementing a 401(k) plan. Additionally, there are other tax credits and deductions available to assist with employer-matching contributions.

AI legalese decoder can help small businesses understand the intricacies of the Secure Act 2.0 and ensure they are taking full advantage of the tax credits and deductions available to them. By decoding complex legal language, AI legalese decoder simplifies the process of setting up a 401(k) plan and ensures compliance with relevant laws and regulations.

## About ShareBuilder 401k

ShareBuilder 401k is a leading digital 401(k) provider specializing in low-cost, all-ETF retirement products for small to mid-sized companies, including owner-only businesses. With over 6,500 businesses served across the US, ShareBuilder 401k offers innovative retirement solutions through cutting-edge technology, low costs, and quality education and support.

By utilizing AI legalese decoder, small businesses can easily navigate the legal requirements associated with setting up a 401(k) plan and ensure they are maximizing the benefits available to them. AI legalese decoder simplifies legal language, making it accessible and understandable for small business owners.

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