(Photo: Shutterstock)
Running a small business comes with unique complexities. From recruiting and retaining employees, to keeping pace with competitors, small business owners have a lot on their plates in today's uncertain economy. Adding a retirement plan to the mix might seem like yet another expense and burden; however, offering one can prove highly cost-effective and valuable for your business and, importantly, your employees.
Selecting the right retirement plan provider is crucial
Starting out, it may be tempting to identify a provider or an online platform with the lowest fees and stick with that option. But many small business owners may be unaware that there are typically several retirement solutions available, and that these plans can be tailored to their ever-changing needs. So, what initially appears to be the quickest and easiest option may not turn out to be the most suitable plan for your business and goals.
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:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
