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The retirement plan coverage gap, which undermines the financial security of millions of U.S. workers, is driven by the lack of plans among small employers. Despite various efforts by policymakers across several decades to develop affordable and simple plans, many small businesses still overestimate the cost and administrative burden required to offer a plan, perceiving…
The retirement plan coverage gap, which undermines the financial security of millions of U.S. workers, is driven by a lack of coverage among small employers. Despite various efforts to develop affordable and simple plans for small businesses, many small firms still overestimate the cost and administrative burden required to offer a plan, perceiving plan adoption…
