Majority of Small Business Owners Feel Unprepared to Make Benefit Decisions
While more than half view retirement benefits as a “must have,” they are unprepared to make selections and could use the help of an adviser, Lincoln Financial Group says.
Tag: small business retirement plans
The Future Open-MEP Market
There are two potential pathways for the broad adoption of open multiple employer plans by small businesses, one driven by advisers and the other by recordkeepers.
Small Business Owners Need a Nudge to Offer Retirement Plans
A survey reveals points about which small business owners could be educated to incent them to offer retirement plans for employees and save for retirement themselves.
Will 2019 Bring Solution to Small Business Coverage Gap?
Even as large employers embrace cutting edge features in their retirement plans, LIMRA data shows small businesses continue to struggle when it comes to offering even basic retirement benefits.
Progressive Plan Design Features Have Moved Down-Market
These are streamlining plan administration, increasing investment diversification and improving participant outcomes.
Square Inc. Launches Affordable Small Business Benefit Offerings
To provide the benefits, the company partnered with technology-focused organizations.
Half of Small Businesses Have Researched Offering a 401(k)
But 55% decided to take no action.
MassMutual Augments Support for Small Business Plans
The firm has revamped its Aviator 401(k) program, now adding simplified investment lineups, affordable pricing, and fiduciary support services to its offerings.
PANC 2018: Transformation in the Small Business Market
Significant transformation is happening in the small business retirement plan market; what does this mean for the fiduciary adviser community?
Small Plans Must Embrace Auto Features, for Employees’ Sake
Employees of small businesses with retirement plans that include automatic enrollment have far higher participation rates across all demographic variables, according to new data shared by Vanguard.
Small-Business Clients Will See Biggest Tax Impact on Retirement Plans
The net result of the Tax Cuts and Jobs Act is that many clients will have a lower effective tax rate, and this can have a direct impact on small pass-through business owners’ decisions about running retirement plans.