VP, Senior Communications Manager
Abry Partners, a leading Boston-based private equity firm, has agreed to make a significant investment in Millennium Trust allowing us to further strengthen our existing position in the marketplace while continuing to expand our product offerings.
Many small businesses think offering a retirement plan is too expensive, but not offering anything can hurt them more than they think. Despite common misperceptions, small businesses do have affordable retirement saving options.
The recent Millennium Trust Investor Survey shows interesting insight into investors’ current holdings and their future investment strategy.
Federal and state governments are concerned about the retirement crisis in the U.S. and have been taking steps to encourage higher levels of workplace retirement plan sponsorship and participation. Small business owners who want the freedom to choose plans that suit their companies’ needs should educate themselves about the options available sooner rather than later.
Small business leaders and employees agree that America is facing a growing retirement crisis. According to results from the inaugural Millennium Trust Small Business Retirement Survey, 93 percent of small business employers and 95 percent of employees agree that Americans will not have enough money saved to maintain their lifestyle upon retirement.
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