Nevada Employers: What the SECURE Act Means for Your Business in 2025
As of 2025, Nevada businesses face a critical compliance deadline: under new legislation aligned with the SECURE Act, employers with six or more employees who’ve been in business for at least three years must offer a qualified retirement plan or enroll in the state-facilitated Secure Choice Retirement program.
This mandate reflects a growing national trend aimed at closing the retirement savings gap among American workers.
Who Needs to Comply?
- Nevada-based businesses with 6 or more employees
- Operated for 3+ consecutive years
- Do not currently offer a retirement savings plan (like a 401(k), SIMPLE IRA, or SEP)
What Are Your Options?
Employers have two main paths:
Enroll in Nevada’s Secure Choice Retirement Plan
A state-managed Roth IRA program with automatic enrollment. Limited administrative responsibility, but fewer customization options.
Offer Your Own Qualified Retirement Plan (like a 401(k))
Flexibility in plan design, potential tax advantages, and greater control over investments and matching contributions.
We are Here for you!
We can help you compare both options and choose the right fit.
Fill out our contact form here to request your complimentary assessment.
Why Take Action Now?
- Avoid penalties: Non-compliance could result in fines or enforcement action.
- Boost employee retention: Retirement benefits are one of the most sought-after perks.
- Access tax credits: Employers offering retirement plans may qualify for up to $16,500 in tax credits over three years under the federal SECURE Act.
How to Get Started:
- Evaluate your employee count and business age
- Compare plan options (state vs. private)
- Speak with a retirement plan specialist
- **Set up and communicate the plan to employees
Don’t Wait Until It’s Too Late
The deadline is approaching—and implementation takes time. Whether you want to go with the state plan or a custom 401(k) solution, we’ll help you do it right and stay compliant.
Get personalized help from local experts who’ve supported Nevada businesses for over 30 years.
Call 702-258-1995 or visit www.NevadaBenefits.com to get started.
