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Balances in small business retirement plans have increased an average of 20% between 2007 and 2012 in the aftermath of the recession.
A new analysis by Fidelity Investments examined more than 200,000 small business accounts over a six-year period that used either a Simplified Employee Pension Plan (SEP-IRA), Self-Employed 401(k) or Savings Incentive Match Plan for Employees (SIMPLE-IRA) with Fidelity.
Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985. Prior to joining Accounting Today and WebCPA, he worked for … Read full bio
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