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Small Businesses

Millennium Trust's Workplace Savings Solutions: How Does it Work?

Our Workplace Savings Solutions increase access to retirement solutions for small businesses when a 401(k) isn’t the right fit. Learn how to choose and administer a plan. For more, visit our Workplace Savings Partnership page.

Video

Find the Best Retirement Plan for Your Small Business with the Retirement Savings Selector Tool

The Retirement Savings Selector Tool for Small Businesses can help small business owners identify which retirement plan may be the best fit from a few quick and easy questions. Visit the Retirement Savings Selector Tool to explore your options.

Video

Small Businesses Need Innovative Solutions for Retirement Savings

Millions of businesses in the U.S. don’t offer any retirement plan due to perceived costs and misunderstanding of options. When a 401(k) isn’t the right fit, small businesses have easier, more cost-effective options to help their employees save.

Video

3 Retirement Savings Options for Small Businesses

Retirement savings options like SIMPLE, SEP and Payroll Deducted IRAs are less costly and administratively complex than a 401(k) for businesses of a smaller size.

Video

Retirement in America 2020: Crisis and Opportunity in an Evolving Economy

In an evolving American economy, issues with Social Security, pensions, early withdrawals, a lack of access to retirement plans and insufficient savings all paint a bleak picture of Retirement in America. But there are still reasons to be hopeful.

White Paper
10 minute read

Individual 401(k) Savings Calculator

Use this calculator to see the benefits of an Individual 401(k) for the self-employed.

Financial Calculators

2018 Millennium Trust Small Business Retirement Survey

This survey explored employer awareness of retirement saving benefit options, barriers and drivers to adopting retirement savings programs, and attractive aspects of programs. The survey also looked at how employers and employees view the impact of savings benefit programs on employee retention/attraction, and views...

eBook

A Tale of Two Surveys

Our survey of small businesses and employees revealed joint interest in retirement savings, but misconceptions about their retirement options have caused small businesses not to take action.

White Paper
8 minute read

Top Reasons Retirement Plans Can Help Small Businesses Attract Millennials

Retirement savings plans are important to Millennials and can help small businesses attract and retain talent.

Infographic

Small Businesses Want Options

As state-sponsored retirement plans become more widespread, federal plans, like multiple employer plans (MEPs), have come front and center. But, small businesses want a private option for retirement savings, not a one-size-fits-all approach.

Infographic

Small Businesses Can Play a Key Role in Retirement Crisis

Americans aren’t saving enough for retirement. Small businesses have options to offer retirement savings plans to their employees.

Infographic

Easy and Affordable Workplace Savings Options for Small Businesses

Forty-seven percent of small businesses don’t offer a retirement savings benefit program. Workplace Savings is designed for businesses where 401(k) plans may not be the best fit and aims to increase employee access to tax-advantaged retirement savings at work, all while minimizing the cost and time required of the...

Fact Sheet
2 minute read