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Big Retirement Savings Gains for Small Businesses: Contributions on the Rise
Fidelity 
May 2, 2014
"[An analysis of] more than 200,000 small business accounts offering a Simplified Employee Pension Plan (SEP-IRA), Self-Employed 401(k) or Savings Incentive Match Plan for Employees (SIMPLE-IRA) [shows that] in the past year alone, the average balance in these plans increased 4 percent-and average contributions increased 18 percent.... The average contribution to these retirement savings accounts has increased across the board since 2008, with those using Self-Employed 401(k)s experiencing the largest increase of 21 percent to $21,661. Employer contributions to SEP-IRAs increased 17 percent from 2008, reaching $13,814 at the end of 2013. Average contributions to SIMPLE-IRAs increased the least, rising 7 percent to $6,162."
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