The Challenge of Retirement Savings for Small Employers
Author: United States. Congress. House. Committee on Small Business
Publisher:
Published: 2013
Total Pages: 120
ISBN-13:
DOWNLOAD EBOOK →Lanterna Rally
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The Challenge of Retirement Savings for Small Employers
Author: United States Congress
Publisher: Createspace Independent Publishing Platform
Published: 2017-10
Total Pages: 120
ISBN-13: 9781977822581
DOWNLOAD EBOOK →The challenge of retirement savings for small employers : hearing before the Committee on Small Business, United States House of Representatives, One Hundred Thirteenth Congress, first session, hearing held October 2, 2013.
The Challenge of Retirement Savings for Small Employers
Author: United States. Congress. House. Committee on Small Business
Publisher:
Published: 2013
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOK →Retirement Savings
Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
Published: 2010-08
Total Pages: 55
ISBN-13: 1437924611
DOWNLOAD EBOOK →Only about half of all workers participate in employer-sponsored retirement plans. To foster greater participation among workers who have access to such plans, Congress passed a law that facilitates plan sponsors' adoption of automatic enrollment policies (AEP). To foster greater retirement savings among workers who do not have access to an employer-sponsored plan, proposals have been made for an "automatic IRA" and at the state level for state-based programs. This report determined: (1) what is known about the effect of AEP among the nation's 401(k) plans, and the extent of and future prospect for such policies; and (2) the potential benefits and limitations of automatic IRA proposals and state-assisted retirement savings proposals. Illus.
Insecure at Best
Author: Jen Brown
Publisher:
Published: 2018
Total Pages: 29
ISBN-13:
DOWNLOAD EBOOK →Small businesses - especially sole proprietors - are a large portion of the American workforce. With the explosive growth of the on-demand economy - which creates a number of new self-employed, sole proprietors each day - an estimated 2.5 million new small businesses are expected to be created each year. Yet, saving for retirement as a small business owner and especially as a sole proprietor is a challenge, as only 38.7% of small business owners participated in a retirement plan in 2014.In order to improve the retirement savings of small businesses and the self-employed, this paper identifies the specific challenges faced by small businesses and the self-employed in saving for retirement. This paper finds that: (1) the on-demand economy has greatly expanded the size of the small business workforce and will continue to do so; (2) saving for retirement is a challenge for small business owners, including sole proprietors; (3) despite the numerous types of retirement plans offered to small businesses and sole proprietors, without easier to use products from the IRS and financial service providers, small business owners will continue to lag behind other workers in saving for retirement; (4) small business owners and sole proprietors are not saving for retirement for a variety of reasons; (5) the inadequacy of small business retirement savings can be remedied by policymakers.
Full Committee Hearing on Drop in Retirement Savings
Author: Professor United States Congress
Publisher: Createspace Independent Publishing Platform
Published: 2018-01-12
Total Pages: 94
ISBN-13: 9781983777769
DOWNLOAD EBOOK →Full committee hearing on drop in retirement savings: the challenges small businesses face funding and maintaining retirement plans in a struggling economy: hearing before the Committee on Small Business, United States House of Representatives, One Hundred Eleventh Congress, first session, hearing held February 25, 2009.
Full Committee Hearing on Drop in Retirement Savings
Author: United States House of Representatives
Publisher:
Published: 2019-09-22
Total Pages: 94
ISBN-13: 9781694624994
DOWNLOAD EBOOK →Full committee hearing on drop in retirement savings: the challenges small businesses face funding and maintaining retirement plans in a struggling economy: hearing before the Committee on Small Business, United States House of Representatives, One Hundred Eleventh Congress, first session, hearing held February 25, 2009.
Retirement Security
Author: Government Accountability Office
Publisher: Createspace Independent Publishing Platform
Published: 2017-08-08
Total Pages: 28
ISBN-13: 9781974257928
DOWNLOAD EBOOK →" About 42 million workers, or about one-third of all private-sector employees, work for employers with fewer than 100 employees, and recent federal data suggest many of these workers lack access to work-based retirement benefits. Despite efforts by the federal government to develop new plan designs and to increase tax incentives, plan sponsorship remains low among small employers. MEPs, a type of arrangement involving more than one employer, have been suggested as a potential way to increase coverage. This testimony describes (1) the challenges small employers face in helping ensure that their workers secure retirement income, and (2) types of MEPs and their potential to address these challenges. GAO drew from its previous reports related to small employer challenges in establishing and maintaining a retirement plan and recent work on MEPs issued from March 2012 through September 2012. "
401(k) plans and retirement savings
Author: John J. Topelski
Publisher: DIANE Publishing
Published: 2018*
Total Pages: 32
ISBN-13: 1437980864
DOWNLOAD EBOOK →Over the past 25 years, defined contribution (DC) plans including 401(k) plans have become the most prevalent form of employer-sponsored retirement plan (ESRP) in the U.S. The majority of assets held in these plans are invested in stocks and stock mutual funds. The decline in the major stock market indices in 2008 greatly reduced the value of many families' retirement savings. Contents of this report: New Challenges to a Secure Retirement Income; Access to ESRP; Participation in ESRP; Contributions to Retirement Savings Plans; Investment Choices and Investment Risk; Fees and Fee Disclosure; Leakage from Retirement Savings Plans; Converting Retirement Savings into Income. Charts and tables. This is a print on demand report.
Small Employers and the Challenge of Sponsoring a Retirement Plan
