Tax Tip #283

Ralph Loggia • January 20, 2026

New York State Secure Choice Savings Program

New York employers who do not offer a qualified retirement plan, have been in business for at least two years, and have 10 or more employees are required to offer their employees a retirement plan. 


The New York State Secure Choice Savings Program is a no-cost option for employers, and they are not permitted to match employees’ contributions. Employee participation is completely voluntary. Employee contributions are added to a Roth IRA. 


For more information, visit: www.NewYorkSecureChoice.com

You might also like

Tax Tips

By Ralph Loggia August 4, 2026
Standard Mileage Rate Mid-Year Increase
By Ralph Loggia July 28, 2026
NY Requires Vendors to Renew Certificates of Authority
By Ralph Loggia July 21, 2026
IRS Simplifies Penalty Relief With Introduction of Automatic Process for Eligible Tax Payers

Book a Service Today