View all text of Subpart D [§ 38 - § 45AA]
§ 45T. Auto-enrollment option for retirement savings options provided by small employers
(a) In general
For purposes of section 38, in the case of an eligible employer, the retirement auto-enrollment credit determined under this section for any taxable year is an amount equal to—
(1) $500 for any taxable year occurring during the credit period, and
(2) zero for any other taxable year.
(b) Credit period
For purposes of subsection (a)—
(1) In general
(2) Maintenance of arrangement
(c) Eligible employer
(Added Pub. L. 116–94, div. O, title I, § 105(a), Dec. 20, 2019, 133 Stat. 3148.)