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Small Business Retirement Plans: The Importance of Employer Perceptions of Benefits and Costs
Center for Retirement Research [CRR] at Boston College
Nov. 1, 2023 "The main barriers to offering a plan are concerns about the stability/size of the firm and the perceived costs of a plan. Concerns about costs are driven by misperceptions; many firms are unaware of lower-cost options for employers and tax credits. The survey results also suggest that state auto-IRA programs do not deter firms from offering a plan and may even encourage it." MORE >> |
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