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63% of employees feel that economic uncertainty affects current and future workplace benefits and 401(k) retirementplans. Workers in the baby boomer generation are having to delay retirement due to the instability of the current economy.
Even if a small business isn’t able to offer the same high salaries as its big business competitors, a small business can stay competitive by offering an attractive retirement package, says Chris Kunze, chief operating officer at Perspectives Ltd. A defined benefit plan is fully funded by the employer.
If only finding a retirementplan to offer your employees were as easy as retiring itself. Do they offer the type of plan you’re looking for? Do they offer the type of plan you’re looking for? . From Simplified Employee Pension plans to 401(k)s to defined benefit plans, retirementplans come in many forms.
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