Tag: small business

Business owner at front desk of shop

Introduction At any given time, only about half of private sector workers in the United States are covered by an employer-sponsored retirement plan, and few workers save without one. As a result, many households end up with no retirement saving and entirely dependent on Social Security, while others move in and out of coverage throughout…

Storefront with open sign

  The report’s key findings are: Smaller firms are less likely to offer a retirement plan than larger firms but, even so, about half do sponsor a plan. Data on these firms is limited, but they tend to have more highly paid and educated workers and operate in finance, health, and education. Firms without a…