For many small business owners, offering a retirement plan isn’t the hard part. Keeping it sustainable is.
Most of them understand the value of these benefits. They know retirement plans help attract talent and give employees a sense of long-term security. But small businesses also live in a different financial reality than large employers. Margins are tighter. Budgets are more sensitive. And when the cost of a benefit becomes difficult to predict, even something as important as a retirement plan can start to feel risky.
