Knowledge Center | Page 2 | Millennium Trust Company
Knowledge Center

Expert knowledge
You can count on

Refine Your Search
Open Filters

Select Sub-Category:

Small Businesses

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

Your Workplace Savings Solution

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.

Fact Sheet

The Conundrum of State-Run Retirement Plans

On Wednesday, the Senate narrowly voted to overturn a Department of Labor (DOL) policy that would help states offer retirement savings plans. The policy had created a safe harbor that essentially would have exempted states from complying with ERISA rules and requirements. It is widely accepted that President Trump...

Article
2 minute read

Solo 401(k) - Key Features and Benefits

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...

Fact Sheet
2 minute read
  •