Women entrepreneurs are a driving force in the American economy. Throughout the pandemic, they have opened new businesses and reconfigured existing businesses. It’s time for women business owners to take business and retirement planning to the next level.

A look at the affordable alternatives to workplace 401(k) plans available to employers of all sizes that could help improve overall retirement security.

Auto-enrollment alone isn’t enough to boost retirement security, engaging workers in managing their retirement plan savings is also needed.

When a 401(k) plan isn’t the right fit, small businesses have retirement savings options that are less expensive and less administratively complex such as SIMPLE IRAs.

A 401(k) plan is often too expensive and complex for a small business. The good news is small employers have other options that offer affordability and flexibility.