Access to retirement plans is important to most job seekers. (Credit: Feodora/stock.adobe.com)
A new report from Vestwell indicates that small businesses are expanding their retirement benefits, and employees are more frequently seeking education about retirement as one of their company-sponsored retirement benefits.
Join our LinkedIn group, ALM's Small Business Adviser, a space where small business owners can gather to network, have discussions and keep up with the trends and issues affecting their industries. The company's fourth annual Retirement Trends Report found that retirement benefits now are an expectation for small business employees, who have a high demand for retirement resources from their employer as they battle financial stress. The report is based on a survey of more than 1,300 employees, 500 advisors and 250 small business owners in the United States. Vestwell, which is a small business retirement provider and individual savings platform, said that the report showed that employees' "taste for saving" is expanding and many workers wish that they could contribute more to their retirement accounts.
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