Filed Under:Markets, Employee Benefits

Small biz owners see harm in retirement shortfall

Only one third of small business owners currently offer a retirement plan to their employees.
Only one third of small business owners currently offer a retirement plan to their employees.

A strong majority of small business owners agree that lack of retirement security can hurt business and the economy, yet few small business owners offer a retirement plan, according to new research.

The Main Street Alliance and American Sustainable Business Council disclose this finding in a June 2013 report, “Small Business Owners’ Views on Retirement Security.” The report recaps findings from a telephone survey of 515 owners of small businesses (2 to 99 employees) nationwide, the poll conducted by Lake Research Partners.

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Nichole Morford

Nichole Morford
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