A Capital Group report reveals generational and gender disparities in small-business retirement plan readiness. Millennials prioritize retirement plans more than Gen X, while women face more barriers ...
Small business owners can boost employee recruitment and retention and help themselves and their workers save for retirement by establishing a 401(k) plan. These plans can only be set up by employers, ...
Gusto Inc. found states with auto-IRA laws had higher rates of retirement plan adoption, but overall contribution rates remain low.
More than 40% of eligible small business employees do not participate in their retirement plans, according to a study by Vanguard. The assets in small business retirement plans grew to an average of ...
Small businesses from farms to sports clubs are now offering 401(k)s to their employees, filling what has long been a hole in America’s retirement savings system. The number of workers at small ...
As a leading provider of Multiple Employer Plan (MEP) 401k solutions, Transamerica, as the recordkeeper for Retail401K is helping small to mid-sized businesses nationwide access affordable, ...
Roughly half of America’s workforce lacks access to a retirement plan—and the majority of employers not offering plans are small businesses. According to the U.S. Census Bureau and the U.S. Small ...
According to a 2024 study by the Employee Benefit Research Institute, only 38% of small businesses offered retirement plans, with many of the organizations choosing to opt out due to cost, complexity ...
SEATTLE--(BUSINESS WIRE)-- ShareBuilder 401k, a leading firm providing economical, all-ETF 401(k) retirement programs for small and medium-sized enterprises, today announced it is dropping all setup ...
A relatively strong job market, new tax breaks and state mandates are leading more small businesses to offer employees a 401(k) plan. The state mandate boost can be seen in California, Oregon and ...