The modeling tool is being redesigned to include significant changes from the SECURE Act 2.0. These changes allow employees aged 60-63 to make extra catch-up contributions beyond the usual limits. Additionally, certain small businesses can now make extra employer contributions and offer higher deferral limits for participants of all ages.
We will soon update it to reflect these new SECURE Act 2.0 changes.
Need Help with a SEP,
Solo 401(k) or SIMPLE?
Try our small business plan modeling tool.
Our easy-to-use plan modeling tool helps you explore plan coverage requirements and model plan contributions—for business owners such as yourself and, if applicable, for your business's covered employees.