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.
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.
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.
Use this calculator to see the benefits of an Individual 401(k) for the self-employed.
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.
Retirement savings plans are important to Millennials and can help small businesses attract and retain talent.
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.
Americans aren’t saving enough for retirement. Small businesses have options to offer retirement savings plans to their employees.
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...
It is expected that many Americans will not have enough savings to adequately fund their retirement, leading the country towards a potential crisis. Millennium Trust has developed a Workplace Savings Solution to provide small-and mid-sized businesses and their employees access to easy and affordable retirement plans.
For sole proprietors, the Solo 401(k) offers the same plan options, contribution limits and flexibility that are available in company 401(k) plans. As a result, single owner businesses are able to put away more money for retirement in a shorter amount of time using a combination of salary deferral and profit sharing...