While employment reports are showing signs of improvement, there is no question that protecting and creating jobs continues to be top of mind for federal and state governments.
In the heartland of America, one state has taken action to help avert a threat to jobs on Main Street—the growing numbers of baby boomer business owners beginning to transition into retirement.
In Iowa, as in most states across the nation, retiring business owners are often forced to sell because most of their net worth is tied up in the business. If the business is sold to an out-of-state buyer—which isn't uncommon—local jobs can be lost because those buyers may not have reasons to stay in the community.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
