How the Retirement Investment in Small Employers Act is Helping Businesses

Following in the footsteps of the SECURE Act of 2019 and the SECURE Act 2.0 of 2022, the Retirement Investment in Small Employers (RISE) Act, is looking to set micro-sized businesses up for retirement success. Take a listen as host of Paychex THRIVE, a Business Podcast, talks with New York State Congresswoman Claudia Tenney about this proposed bipartisan bill. Tune in to hear they talk about what the RISE Act is, to learn more about the minimum allowable tax credit, the status of the act, and much more.

Topics Include:

00:00 – Sneak peek into Paychex PULSE podcast from HR Tech
01:09 – Episode preview
01:41 – Welcome, Rep. Claudia Tenney
02:01 – Introduction to the RISE Act
04:19 – Reason for RISE Act
05:04 – Background to SECURE Acts
06:32 – Type of tax credit
07:18 – Bipartisan support
09:43 – Status of the RISE Act
12:25 – Making people aware of the program
14:47 – Other legislation that would be great for business owners
18:59 – Wrap up

Learn more about the SECURE Act 1.0 and 2.0 at www.paychex.com/retirement-services/secure-act-faqs

Find out how Paychex can help you with retirement services at hwww.paychex.com/retirement-services.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.