Americans’ retirement confidence has dropped considerably as workers continue to feel the pressures of high prices, market volatility and rising interest rates. A new Nationwide Retirement Institute survey found about 1 in 5 consumers are worried about falling off track with their retirement goals.

Small businesses – which employ nearly half of all U.S. employees – face similar economic headwinds that can be exacerbated by a challenging labor market. One third of small business owners report struggling to find workers in the past six months and many expect further difficulty with attracting and retaining good employees in the next six.

The recently passed SECURE 2.0 Act is a win-win for workers and small business owners, offering access to expanded retirement plan benefits for employees and helping to level the playing field for small businesses competing to retain top talent.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com 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?


NOT FOR REPRINT

© 2023 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.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.